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Toady sees the release of the ABS original regional building approvals data for May and it shows a slight, but welcome, improvement for the Far North. While the state-wide data released last week wasn’t good (see here), the declines were largely down to unit approvals falling; a factor which has much less …read more
My previous posts on the levels of youth unemployment in the Queensland regions has certainly created some interest. In a story in today’s Courier Mail both sides of the political divide have attempted to use the original, unadjusted ABS data on youth jobs to score points. As is too often …read more
We have been working on completing the data set for Conus Trend unemployment rates for all the SA4 regions in Queensland by age groups and have now completed it. What the full data set shows us is an interesting look into the make-up of the unemployment challenge facing the State. …read more
Yesterday saw the release of the data for May short term overseas arrivals and departures (OAD) and it confirms that the strength in in-bound tourism continues into the second quarter. Arrivals in May hit a new record high of 680,300 which is up 11.7% from a year ago, while the …read more
Last month we noted that the Building Approvals data was being held firm by approvals for units (see here); this month that effect has reversed out as we see the May data fall on the back of weak unit approvals. In May total approvals fell by 5.2% m/m with house …read more
For some time we have been meaning to take a closer look at the split between Full-time and Part-time Trend employment in the Cairns SA4 data; and today we’ve found the time to do it. (For details of Cairns and other QLD regions Conus Trend employment data see here). We’ve …read more
With over 70% of the vote now counted the final result appears clear; Britain has voted to exit the EU. A final result looks to be about 52% Leave, 48% Remain. What this will mean for Britain, its government and economy is not yet clear but the financial markets have …read more
The early results in the UK’s EU Referendum are causing markets around the world to panic. At 11:20am AEST there were about 2.7 million votes counted from a total expected to be around 32 million. The Leave vote stood at just below 53%. The Australian share market, which had started …read more
Today saw the release of the ABS regional labour market data from which we have created our Conus Trend series data. Despite anecdotal evidence of improvements in the Cairns region (particularly in the tourism sector), the Trend jobs data deteriorated further in May; as it did in Townsville. The two …read more
The ABS Labour Force data for May shows a total of 17,900 new jobs in the nation, although all of them were part-time with full-time numbers static. The headline unemployment rate remained stable at 5.7%. However, virtually all of the reported gains in April were revised away with the previous …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series