Unemployment rate drops on fall in Participation

The September labour force data saw the headline, seasonally adjusted unemployment rate in Australia fall to 5.6% (after August was revised up from 5.6% to 5.7%) despite a loss of 9,800 (and a loss of 53,000 full-time) positions. The reason for the decline can be laid squarely at the decline …read more

Regional Building Approvals disappoint in Cairns but better in Townsville

We have just returned from holiday so are now catching up on some data released during our absence. Last Tuesday saw the release of the ABS original regional building approvals data at both SA4 and Local Government Area level. Our own Conus Trend series help shed light on these highly …read more

Arrivals continue to move ahead strongly but China starting to slow

Today’s release of the Short Term Arrivals and Departures data for August confirms the growth in international visitors to the country remains strong. Over the past 12 months we have welcomed just a touch under 8 million visitors ( a new record); a growth rate of 10.6% over the course …read more

Dept of Social Services allowance payment data supports the better news for Cairns

We have taken some time to analyse the Dept. of Social Service data set for payments of Newstart and Youth Allowances since Dec 2011. When looking at data for our region we have summed the totals for the Atherton, Cairns, Innisfail, Mareeba, Mossman and Yarrabah Service Zones. These Service Zones, …read more

Units continue to drive Building Approvals higher

As was the case last month (see here) today’s release by the ABS of Building Approvals data for August shows the ongoing strength of unit approvals driving the total higher. In Australia total approvals (seasonally adjusted) rose by 10.1% over the year, although they fell 1.8% this month. However, from …read more

A decade of change in employment in Cairns

Analysing the ABS quarterly data on the industry make-up of employment in the Cairns SA4 region shows us clearly that over the past decade the two big winners have been Health Care and Education. Our biggest loser has been Retail Trade (for more details see our post from last week). …read more

What a recovering region looks like…Mackay

On ABC North Queensland yesterday Pat Hession asked Pete what we should be looking for when things in Townsville start to turn-around (you can listen to the full interview here). It’s an interesting question and perhaps best answered by taking a close look at a region just to the south of Townsville …read more

Pete on ABC North Queensland

Pete spoke to Pat Hession on ABC North Queensland this afternoon about the unemployment situation in Townsville. You can hear the segment below.

Regional Industry data

Last Thursday saw the ABS release their August monthly regional labour force data, and our own Conus Trend series (see here for details). They also released their quarterly data on regional employment by industry sector for the August quarter. This is presented on a quarterly basis as a rolling 4-quarter …read more

Pete on ABC Far North this morning

Pete was interviewed by Kier Shorey on ABC Far North this morning about the latest regional labour force data for Cairns and Townsville.

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