I love the charting that my friends at CCIQ have done previously looking at the relative scale (in Gross Value Added and employment terms) of the various industry sectors in Queensland. The Conus Trend Industry Jobs data has been one of the inputs used so, with some help from the …read more
Our catch-up of regional data continues with the November regional labour force numbers and the quarterly industry jobs numbers. Both of these data sets we prefer to analyse through the lens of the respective Conus Trend series. For the regional monthly jobs data we prepare the Conus Trend using the …read more
We’ve been away from the office for almost three weeks over Christmas and the New Year, so now is the time to start to catch up on the regional data released since we left; and we’re staring with the National Visitor Survey for the September quarter released by Tourism Research …read more
On Friday the Dept of Employment released the latest Small Area Labour Market (SALM) data at the Local Government Area level for the quarter to Sept. Using the unsmoothed (original) SALM data, which is tucked away in the explanatory notes section, we have created a Conus SALM Trend series of unemployment …read more
November saw another strong month for labour force data. Employment (seasonally adjusted) jumped by 61,600 (expectations had been for around 19,000) with 41,900 of those being full-time. Over the course of the past 12 months employment has increased by 383,300 of which 79.5% have come in the full-time jobs. The …read more
Pete spoke to John MacKenzie on radio 4CA this morning about a couple of articles in The Cairns Post regarding employment in the region as well as preparing your business for the coming storm season. You can listen to the interview below.
The weak growth in international visitors to TNQ (see below) has seen declines in most of our major markets. Japan fell by 1.1% in the year to Sept 2017, China was down 0.5%, the US dropped a thumping 4.8% (after some impressive improvements in previous quarters) while the UK managed …read more
The Sept 2017 International Visitor Survey from Tourism Research Australia (available for download here) makes for unhappy reading for the Queensland and the TNQ region in particular. While total international visitors to Australia rose by 7.3% for the year to Sept 2017, the increase was just 3.0% for Queensland and …read more
Regular readers will be well aware that there are various ways to look at the labour market; the standard “unemployment rate” being just one of them. Another, less well known measure, is provided by way of the Dept of Social Services data in their monthly payment recipients release (available here). …read more
The GDP data for the 3rd quarter of 2017 has come in slightly below market expectations at +0.6% q/q (after Q2 was revised slightly higher to +0.9% from +0.8%) for a 2.8% y/y and 2.2% annual growth. The weaker data was due to a poor showing from household consumption (the …read more