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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 the Dept of Social Services in their monthly payment recipients data. Our own Conus Trend series for …read more
The ABS Building Approvals data for February shows a sharp improvement at both a state and national level with unit approvals being the main leader of the improvement. Seasonally adjusted data for Australia shows approvals up 8.3% m/m for a decline of 4.9% y/y (after some upward revisions to previous …read more
The ABS have released their regional population estimates (up to mid year 2016) today and they show the North of the state lagging recent growth elsewhere. The data is provided at the Local Government Area (LGA) level as well at SA2 and above. Taking the LGA data first… LGA 2016 …read more
Tourism Research Australia’s National Visitor Survey for the December quarter (available here) does not make happy reading for the industry in the Far North. While total overnight domestic visitors in Australia rose by 4.2% from the previous year, and were up by 3.4% in Queensland, the TNQ region saw a …read more
Yesterday saw the ABS release their February monthly regional labour force data, and our own Conus Trend series (see here for details). The ABS also released their quarterly data on regional employment by industry sector for the February quarter. This is presented on a quarterly basis as a rolling 4-quarter average, and as …read more
The ABS released their regional labour force data for February this morning. As always, the original, unadjusted ABS data needs some analysis if we are to see a clear picture. Our preferred analysis tool is the Conus Trend series. In light of the generally weak QLD data for Feb released …read more
After our post about the SALM data earlier this week (see here), we spoke to Kier Shorey on ABC Far North this morning about the numbers, particularly for Cairns. You can listen below.
Friday saw the release of the Small Area Labour Market (SALM) data from the Dept. of Employment; and it was good news for the Far North and bad for Townsville…again. The SALM data is based on a range of indicators including ABS Labour Force data for the SA4 areas, Youth and …read more
Over the past few years there has been much discussion about the impact that demographic changes (particularly an aging population) are having on the labour market. In particular, focus has been on the effects of varying participation rates within different age groups and the impact these are having on the …read more
The ABS data for February shows the headline (seasonally adjusted) unemployment rate jumped to 5.9% (from 5.7%) as the economy lost 6,400 jobs (market had been expecting +16,300). However, it’s not all bad news as the losses all came from part time jobs with full time positions actually increasing by …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series