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Recent Posts
- Individual public servants blamed while politicisation of Qld public service goes unaddressed
- Unfreezing discount rates with Marion Terrill from Grattan – latest podcast episode
- Premier’s border decision helps, but it’s still early days in any recovery from virus recession
- Qld Gov’t COVID-19 Adaption Grants program poorly designed
- Aussie unemployment & underemployment video
Top Posts & Pages
- Individual public servants blamed while politicisation of Qld public service goes unaddressed
- Heat map of Brisbane metro property prices – big opportunities in the Western corridor?
- Unfreezing discount rates with Marion Terrill from Grattan - latest podcast episode
- Top twenty largest cities and towns in Queensland by population
- Qld Gov’t COVID-19 Adaption Grants program poorly designed
- New Townsville – guest post by Colin Dwyer
- Is the Dutton Park high-rise high school really necessary?
- Best coronavirus response advice offered by Austan Goolsbee & Dr Norman Swan
- Ten years since Queensland lost its AAA credit rating
- Outer-lying suburbs like Townsville's Deeragun the most fertile
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Blogroll
Tag Archives: abs
Aussie unemployment & underemployment video
In my latest video, I expand on my post from last Monday True Queensland unemployment rate around 12% and discuss just how bad the Australian labour market is at the moment. Thanks to those readers who commented on the post … Continue reading
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abs, australia, coronavirus, covid-19, jobs, queensland, underemployment, underemploymentrate, underutilisation, unemploymentrate
2 Comments
True Qld unemployment rate around 12%
The true Queensland unemployment rate is around 12% rather than the official 7.9%. I’m not suggesting the ABS is being tricky. The ABS is accurately applying the internationally accepted Labour Force Statistics methodology. But we must look beyond the ABS … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, coronavirus, covid-19, jobseeker, qld, queensland, underutilisation, unemployment, unemploymentrate
4 Comments
Official Qld unemployment rate of 7.9% doesn’t tell the full story
It’s obvious the official unemployment rate figures from the ABS are understating the true unemployment rate due to large numbers of people having left the labour force, evidenced by the collapse in the workforce participation rate. The official estimates for … Continue reading
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abs, australia, coronavirus, covid-19, jobs, lfs, participationrate, qld, queensland, unemployment, unemploymentrate
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Jobs coming back as economy reopens
The AFR’s Matthew Cranston has nicely summarised the latest payroll data published by the ABS yesterday in his article Job market crawls off floor as recovery begins: The worst appears to be over in the job market with Tax Office … Continue reading
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abs, afr, australia, coronavirus, covid-19, employment, jobs, nsw, payroll, qld, unemployment
2 Comments
Qld jobless rate at 6.8% but effectively over 10%
This afternoon I caught up with Ben Scott, who works as a Research Assistant in my business Adept Economics, to discuss the April Labour Force data published by the ABS today, as well as the possible shape of the eventual … Continue reading
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abs, australia, employment, jobs, participationrate, qld, queensland, unemployment, unemploymentrate
4 Comments
State and regional unemployment rates in this time of COVID-19 with Pete Faulkner
Mission Beach-based economist Pete Faulkner from Conus Consulting has been in the news recently with his estimates of the massive adverse impacts that measures to combat coronavirus are having on Queensland’s regional economies (e.g. see the InQueensland report Jobless numbers … Continue reading
Posted in Cairns, Gold Coast, Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized
Tagged abs, cairns, conus, coronavirus, covid-19, gdp, goldcoast, jobkeeper, missionbeach, qld, queensland, townsville, unemploymentrate
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Catch up on COVID-19 with CCIQ Chief Economist Dr Marcus Smith – Qld budget impact
I caught up with CCIQ Chief Economist Dr Marcus Smith earlier today to chat about the latest economic news and the expected impact of the coronavirus shock on the Queensland state budget. You can listen our conversation here: Highlights of … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, bonds, coronavirus, covid-19, debt, hospitality, internationaleducation, labourforce, qld, qldbudget, qldtreasury, qtc, queensland, socialdistancing, unemployment
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Higher long-term unemployment a marker of Qld’s under-performance relative to rest of Australia
In its 2019-20 Mid-Year Fiscal and Economic Review released in mid-December, the Queensland Government revised down the state economic outlook, with economic growth revised to 2.5%, down from 3%, and the unemployment rate revised upwards to 6.25% from 6% for … Continue reading
Posted in Labour market, Uncategorized
Tagged abs, australia, labourforce, longtermunemployment, qld, queensland, tafe, training, unemployment, VET, vfi
3 Comments
Qld private sector spending has been falling while government has continued to grow
In Queensland, our over-reliance on the public sector continues, according to the September quarter National Accounts figures from the ABS, which have reinforced concerns about the strength of the national economy and various state economies, including Queensland’s. The National Accounts … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, australia, exports, gdp, qld, qldtreasury, queensland, statefinaldemand
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Overly optimistic reactions to discouraging GDP data
The RBA and the Government must be happy the media is accepting the Bank’s “gentle turning point” view of the Australian economy (e.g. see the AFR’s ‘Back on track’: GDP lifts to 1.7pc), but I can’t see how the September … Continue reading
Posted in Macroeconomy, Uncategorized
Tagged abs, australia, economicgrowth, gdp, gdpgrowth, nationalaccounts, nsw, qld, queensland, rba, statefinaldemand, victoria
2 Comments
