Tag Archives: employment

Very surprising employment numbers for Qld – ABS needs to investigate volatility

Posted on February 7, 2013 by Gene Tunny

Given the low levels of job vacancies toward the end of 2012 (see this previous post), I’m very surprised to see the strong rebound in employment in January (30,200 new jobs) and the unemployment rate dropping to 5.5% from 6.1% … Continue reading →

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Compelling evidence of robust recovery in Far North Qld

Posted on February 2, 2013 by Gene Tunny

Cairns and the broader Far North Queensland (FNQ) economy appeared to be in a lot of trouble in the immediate post-financial crisis period, as a result of a large decline in tourism and an over-supply of housing and commercial property … Continue reading →

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Disappointing vacancies data support Treasury’s very low employment growth forecast for 2012-13

Posted on January 9, 2013 by Gene Tunny

In the Mid Year Fiscal and Economic Review 2012-13 released last month, Queensland Treasury revised down its forecast of 2012-13 employment growth from a weak 0.75% to a very weak 0.25%. The ABS job vacancies data released today lend support … Continue reading →

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Mining has been only “pillar” generating jobs

Posted on December 17, 2012 by Gene Tunny

Queensland Investment Corporation CEO Damien Frawley made some astute observations on the outlook for Queensland’s economy, which were reported in the Courier-Mail this morning: THE resources boom will leave a lasting legacy for Queensland’s economy regardless of when it runs … Continue reading →

Posted in Agriculture, Labour market, Macroeconomy, Mining | Tagged , , , , , , , | 1 Comment

Pollies should be careful with jobs promises

Posted on November 27, 2012 by Gene Tunny

Former Premier Peter Beattie was fortunate that the mining boom came along and helped bring Queensland’s unemployment rate below the 5% he promised, but his successor Anna Bligh wasn’t so fortunate – the Queensland economy still hasn’t generated the 100,000 … Continue reading →

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