Tag Archives: abs

Business counts data show rise of Uber and start ups

Yesterday afternoon, on his 612 ABC Brisbane drive time show (from 1:42:50), Steve Austin interviewed my colleague QEAS Director Nick Behrens on the still relatively weak wages growth figures released yesterday. Nick also covered more positive news regarding the state … Continue reading

Posted in Mining, Transport, Uncategorized | Tagged , , , , , , , , , | 3 Comments

Surge in Qld youth employment over 2017

You have probably seen the media coverage of the strong jobs growth over 2017 for Australia. Queensland played a large part in this, with the highest employment growth rate among states and territories (4.6 percent through-the-year) and an increase in … Continue reading

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Retail turmoil disproportionately affects young people

The recent collapse of Australian luxury retailer Oroton reminds us of the ongoing disruption to the retail sector caused primarily by online shopping, which incidentally is about to receive a massive boost in Australia. We have recently seen the establishment … Continue reading

Posted in Labour market, Retail trade, Uncategorized | Tagged , , , , , , , | 8 Comments

Qld unemployment rate falls below 6% to 5.9% (in trend terms)

This is just a quick post to update you on the September labour force estimates released by the ABS today: the Queensland unemployment rate has fallen to below 6% in trend terms and is now at 5.9% (see chart below). … Continue reading

Posted in Labour market, Uncategorized | Tagged , , , , , | 3 Comments

Bigger is better – small businesses once employed over half of private sector workers but no longer

Ten years ago, small businesses, those with fewer than 20 employees, employed over half of private sector workers in Queensland, but that is no longer the case. This was revealed in an excellent note, Small Business in Queensland, published yesterday … Continue reading

Posted in Uncategorized | Tagged , , , | 2 Comments

Strong jobs figures for Qld, although much of recent increase was in part-time employment

The August jobs figures released yesterday by the ABS confirmed the Queensland economy is clearly on an upswing and jobs growth is currently strong, with through-the-year growth in employment at 3.7% compared with a national rate of 2.6% (chart 1). … Continue reading

Posted in Labour market, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Qld economy traveling nicely based on June quarter National Accounts data

Just a quick update on the June quarter National Accounts released by the ABS today. GDP growth was a healthy 0.8 percent in the June quarter, or around 3.3 percent in annualised terms, which I suspect is around the sustainable … Continue reading

Posted in Macroeconomy, queensland, Uncategorized | Tagged , , , , | Leave a comment