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The regional labour market data from the ABS released today shows the unadjusted, original unemployment rate in Cairns stood at 7.2% (down from 8.7%) in August. However, as always the raw unadjusted ABS data is far too volatile to take seriously on a month-by-month basis. Rather we should focus our …read more
The ABS this morning released the regional labour force data. As always when considering this unadjusted series, we need to look at the underlying Conus Trend if we are to make any sense of the numbers. What we see here is a Conus Trend Unemployment Rate in Cairns that has …read more
Regional labour market data for June released by the ABS this morning shows the position in Cairns stuck around a Trend unemployment rate of 8% and falling to 3rd worst place, from 4th last month; this month just Wide Bay (10.2%) and Logan-Beaudesert (9.0%) have higher rates of Trend unemployment. …read more
The Trend of improving employment data for the Cairns region that we have been discussing this year appears to have come to a halt. Today’s release from the ABS of unadjusted labour market data for May has the headline unemployment rate in Cairns jumping to 9.8% (from 6.8% in April) …read more
The ABS today released their unadjusted March regional labour force data. The headline data for Cairns showed the unemployment rate stable at 7.9%, while Townsville saw unemployment jump to 9.2% (from 7.7% last month). However, as always, these unadjusted numbers need to be considered at the Conus Trend level to …read more
The release by the ABS of the unadjusted regional labour force data today has, once again, highlighted the extreme volatility of this series. The original data suggests that 3,400 fewer people were in work in Cairns in Dec than in Nov (despite a supposed increase of 500 jobs the previous …read more
The ABS November regional labour force data today confirms a worrying trend for the Cairns region. As we noted last month (see here), the region is failing to see any jobs growth and the fall in the unemployment rate is all due to an ongoing collapse in the Participation Rate. …read more
NOTE regarding the ABS revisions to Sept and their impact on Conus Trend figures. The revisions to the ABS data for Sept and the preceding months, announced a few days ago and discussed here, have inevitably had an impact on the Conus Trend data for Sept. It is therefore worth …read more
After the confusion of the ABS revisions to the September labour force data (see here for details) it is perhaps not surprising to see the regional data also banging around. As always the headline data needs to be treated with a great deal of caution and, instead, focus should be …read more
After the bizarre jobs data last week (see here for commentary) it is worth remembering that on a Trend basis Queensland saw the unemployment rate tick up to 6.7% from 6.6%. Fortunately the story in the Far North is looking better than that, with yet another month of improvement in …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series