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Pete spoke to John MacKenzie on radio 4CA this morning on “secondary” jobs (you can read commentary here, and here) as well as domestic tourism in the Tropical North. Listen below…
Last week the ABS produced their first release of the new Labour Account data series (see commentary here) which, among other things, gives us an insight into the number, and industries, of “main” and “secondary” jobs. To be clear the ABS define these terms as:- Labour Account main job Labour …read more
Today’s release by the ABS of regional jobs data, and our own Conus Trend analysis of that unadjusted data, shows Cairns powering ahead with the Trend unemployment rate falling to 5.3%. This is the lowest rate the region has seen since September 2008. Trend jobs have increased by 1,300 since …read more
Despite the headline (seasonally adjusted) CPI data coming in a good deal lower than expected, the more significant (so far as potential RBA rate decisions is concerned) core inflation measures nudged very slightly higher in the June quarter. The headline CPI came in as +0.2% q/q for a +1.9% y/y …read more
Yesterday the ABS released for the first time their experimental data series Labour Account Australia. In the ABS’s own words..”This publication presents experimental estimates for the Australian Labour Account for the period 2010–11 to 2015–16. The Australian Labour Account consists of eleven sets of tables focusing on four central quadrants …read more
We are delighted to see CCIQ making extensive use of the Conus Trend Industry Jobs data series in their Queensland Economic Update (download it here). The use of the Trend data allows a much clearer and timely picture of regional jobs in the various industries across Queensland than previously available. …read more
The ABS jobs data for June shows a total of 14,000 new jobs (seasonally adjusted) which was just slightly lower than market consensus expectations of a 14.4K increase. As expected the unemployment rate came in unchanged at 5.6% (after May was revised up from 5.5%). The good news lies in …read more
A fascinating post from Gene Tunny at Adept Economics over the weekend which attempts to dispel the (widely held) view that the North of the state has received less than its “fair share” of capital expenditure from Brisbane. Is North Qld under-funded by the State Government relative to the South East? …read more
In the past 12 months more than 10 million Aussies have travelled abroad for the first time ever. New data for May from the ABS shows that, over the past 12 months, 10,019,900 short-term departures have been made from the country; a new record. Departures are up 7.6% from a …read more
The ABS released their regional (unadjusted) building approvals data this morning for May; we have constructed our own Conus Trend data and they show some improvement across the North. When we consider the data at the SA4 level we see that the Conus Trend has Cairns approvals up to 86 …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series