Category Archives: Labour market

Bad economic news keeps coming – declining job vacancies & inverted US yield curve

Posted on March 25, 2019 by

The federal Department of Jobs and Small Business published its February 2019 internet job vacancies data last week, and it revealed a continuation of the downward trend in job vacancies, which were 5.5% lower in Queensland and 4.0% lower nationally … Continue reading →

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Qld economy continues to disappoint

Posted on December 6, 2018 by

Queensland’s economic under-performance, which I’ve been commenting on regularly (e.g. see Deloitte’s weird definition of “strong employment growth”), is a major part of the reason why Australia’s GDP growth for September quarter came in lower than expected yesterday. The ABS … Continue reading →

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Industry groups right to say Qld economy failing to create the number of jobs needed

Posted on December 2, 2018 by

I am pleased to see that peak industry bodies (e.g. the Property Council of Australia and the Infrastructure Association of Qld) are saying the same thing I have been regarding Queensland’s lacklustre jobs growth, with the Sunday Mail* today reporting: … Continue reading →

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Deloitte’s weird definition of “strong employment growth” for Qld

Posted on December 1, 2018 by

I was surprised when I read Deloitte’s latest commentary on the Queensland economy, as reported by the Courier-Mail on Thursday (Jobless rate hides Qld’s economic success story), because the commentary makes little sense: QUEENSLAND’S economy is performing strongly despite the country’s … Continue reading →

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My comments in “Liberal bloodbath” Diplomat article

Posted on November 30, 2018 by

Brisbane-based writer Anthony Fensom has written an excellent article at The Diplomat titled Liberal Bloodbath Repels Australian Voters in which he quotes me among other commentators: Similarly, economist Gene Tunny said the 2019 result was already a foregone conclusion, despite … Continue reading →

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612 ABC Brisbane radio interview on Qld having nation’s highest unemployment rate

Posted on November 16, 2018 by

Yesterday I had an enjoyable chat with Steve Austin on his 612 ABC Brisbane Drive program about the latest ABS Labour Force estimates, which, as I reported in yesterday’s post, revealed Queensland is the only state with an unemployment rate … Continue reading →

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Qld only state/territory with 6%+ unemployment rate

Posted on November 15, 2018 by

The Queensland economy continues to under-perform based on the latest ABS Labour Force estimates released this morning. The state unemployment rate is stuck at 6.2% (in trend terms) while the national rate fell to 5.1% in October from 5.2% in … Continue reading →

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