Category Archives: Labour market

Livestream on US inflation, Aussie jobs data, and Qld’s low vax rate

Yesterday afternoon I did my first livestream, covering: the growing concern internationally about accelerating inflation, prompted by the latest US CPI figures; the September ABS Labour Force data revealing big drops in hours worked and workforce participation in the locked-down … Continue reading

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Upcoming Major Projects Forum in Rockhampton on 28 October 2021

I’m thrilled that I’ve been invited to return to present at Capricorn Enterprise’s Major Projects Forum in Rockhampton on Thursday 28 October. Here’s the blurb: The Capricorn Enterprise Major Projects Forum is the premier project forum in the region, covering … Continue reading

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Lockdowns cause hours worked to fall below pre-pandemic levels

In August, according to the latest ABS Labour Force data, total hours worked were well below March 2020 levels in NSW (-11.1%), and they were 2.9% below nationally and 0.9% below in Queensland (see the chart below). Victoria was slightly … Continue reading

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Threat of rolling lockdowns and longer border closures damaging business confidence

It’s no wonder many in the Queensland business community are anxious and desperate, as the Courier-Mail is reporting, given the Premier’s apparent abandonment of the national plan on reopening the economy (see Queensland business suffering mental and financial health crisis … Continue reading

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4BC interview on lowest unemployment rate in over ten years

I had a good chat with Scott Emerson on his 4BC Drive program this afternoon about the June ABS Labour Force estimates released today which showed the national unemployment rate falling to 4.9%, the lowest rate since December 2010. The … Continue reading

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People escaping BS jobs (covered in my latest podcast episode) and going into business for themselves

Nine-Fairfax media is reporting Record number of companies launched as COVID drives contractors, entrepreneurs. A couple of things are going on. There are people whose jobs were destroyed by the pandemic and have been forced into self-employment, but there are … Continue reading

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Economics of New Media – my latest Economics Explored podcast episode

My latest Economics Explored podcast episode (EP94 Economics of New Media) explores how people are making money in the rapidly growing new media or independent media sector. While the internet and social media have badly affected traditional media, they have … Continue reading

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The indicators look great, but the recovery is very uneven across the economy

In the vicinity of my office at the Johnson Hotel on Boundary St, Spring Hill, I see the ongoing impacts of the pandemic on the economy. The hotel restaurant-cafe Tumbling Stone hasn’t reopened since it shut in March last year, … Continue reading

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Female breadwinning podcast chat with Gigi Foster

UNSW Economics Professor Gigi Foster, who you may know from her appearances on ABC’s Q&A and The Economists podcast, has done some fascinating research on the phenomenon of female breadwinning, whereby, in around one-in-four partnerships, the female earns more than … Continue reading

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CommSec’s weird assessment of Victoria’s economic growth as leading the nation in State of the States

This afternoon, Australian Institute for Progress Executive Director Graham Young alerted me to his conversation with 612 ABC Brisbane host Steve Austin and McKell Institute Executive Chair Rachel Nolan yesterday on Steve’s Drive program (from around 2:26:30) regarding the CommSec … Continue reading

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