The Brotherhood of St Laurence has released a report looking at the issue of high youth unemployment rates across the country (report here) The report paints a dismal picture of high levels of youth unemployment across the nation, although they use a simple 12 month moving average of the original …read more
This morning’s release of the regional labour market data, as always, needs to be seen through the lens of the Conus Trend; and what it shows is something of a turn-around in the dramatic recovery that we’ve been witnessing in the North. This is perhaps not very surprising, although the …read more
The ABS released their original, unadjusted regional labour force data for Sept this morning. We need to consider the Conus Trend series to make much sense of this highly volatile data series. When we consider the split between the Greater Brisbane and Rest of Queensland areas we see that the …read more
Pete spoke to Pat Hession on ABC North Queensland on Thursday afternoon about the Townsville employment data which was released that morning. You can listen to the interview below and read our commentary here.
Today we saw the release of the ABS regional jobs unadjusted data for July. As always, we have to consider the Conus Trend data to make much sense of this highly volatile data-set; and what that shows us is a continuing good-news story in the North. Trend employment in the …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
The ABS regional jobs data for May was released this morning and we have completed our Conus Trend analysis. What it shows is the regions doing far better than Greater Brisbane on almost all measures. Over the year to May Trend jobs were up 31,000 in QLD, but 23,400 of …read more
Today’s ABS regional labour force data for April needs to be looked at through the lens of the Conus Trend to make any real sense. What the data shows us is Cairns slightly weaker while Townsville continues its trend of improvements (from a low base). The Conus Trend unemployment rate …read more
A piece in today’s Australian (read it here) perpetuates the old news that youth unemployment in Cairns is running at crisis levels. In this case the article quotes Cairns youth unemployment rate at 27.5%. As regular readers will know, this figure would appear to be the “official” 12 month moving …read more
We’ve just returned from a couple of weeks in SE Asia so have some catching up to do. First thing on the agenda was the labour force data for March released last week. We saw the headline (seasonally adjusted) unemployment rate remain stable at 5.9% despite a very sharp addition …read more