Tourism regions responsible for Queensland’s higher than national average unemployment rate

The downturn in Queensland’s tourism sector is largely responsible for Queensland’s higher than national average unemployment rate. This is reasonably clear from the following chart I prepared based on the ABS Labour Force data released last month.

According to my calculations, Far North Queensland is responsible for over half of the 0.4% difference between the Queensland and Australian-average unemployment rates. So, if Cairns’s tourism sector and broader economy remain sluggish, it’s likely Queensland’s unemployment rate will remain above the national average.

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1 Response to Tourism regions responsible for Queensland’s higher than national average unemployment rate

  1. KS's avatar KS says:

    Tourism may have been tough and directly related to higher unemployment but it looks more like, perhaps related, construction data to me which differentiates Queensland from other states.

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