Tag Archives: jobs

Don’t panic about unemployment just yet – still below long-run average

Posted on February 13, 2015 by Gene Tunny

I’ve noticed the Courier-Mail is reporting the incoming Government has “been handed a massive headache with new figures showing unemployment rising and Queenslanders dropping out of the job market.” However, yesterday’s figures simply confirmed the labour market has been lacklustre … Continue reading →

Posted in Labour market | Tagged , , , , , , | 11 Comments

Discouraged workers have moderated rise in unemployment rate since March 2012

Posted on January 27, 2015 by Gene Tunny

In my post last week How many jobs needed to be created over the Qld Government’s first term?, I compared the actual job creation rate of 1,400 per month with the rate of 2,200 per month that would have been … Continue reading →

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How many new jobs needed to be created over the Qld Government’s first term?

Posted on January 20, 2015 by Gene Tunny

I was surprised earlier this month when I first saw the Queensland Government’s election campaign ad on TV noting the Government was creating over 1,100 new jobs per month. As I’ve noted previously, while the Government has had a number … Continue reading →

Posted in Labour market | Tagged , , , , , , , , , | 2 Comments

Qld Govt benefits from volatile jobs data – still vulnerable over bulk of jobs growth being part-time over first term

Posted on January 15, 2015 by Gene Tunny

The volatile labour force data yielded a nice surprise for the Queensland Government today, with the seasonally adjusted rate falling from 6.8% to 6.1% between November and December last year, and the trend rate falling marginally, too, though staying the … Continue reading →

Posted in Labour market | Tagged , , , , , , , | 4 Comments

Qld Govt’s new jobs target much more achievable than previous 4% unemployment rate target

Posted on January 11, 2015 by Gene Tunny

The Premier today announced a relatively conservative employment growth target of 209,000 new jobs over six years, which he based on Treasury advice (see LNP unveils plan for the Jobs of Tomorrow). So long as the economy doesn’t remain in … Continue reading →

Posted in Labour market, Macroeconomy | Tagged , , , , , | 5 Comments

Employment and unemployment can both increase because labour force grows with population

Posted on January 8, 2015 by Gene Tunny

I’ve noticed there is a bit of confusion around regarding how the Queensland Government can claim employment has grown while at the same time unemployment has increased and the unemployment rate has risen to 6.9 per cent. Employment and unemployment … Continue reading →

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Coal contraction continues

Posted on September 23, 2014 by Gene Tunny

The big economic news for Queensland today was the announcement from BHP Billiton of a reduction in coal mining jobs of 700 in its Central Queensland operations, as the viability of some operations have been challenged by lower coal prices … Continue reading →

Posted in Mining | Tagged , , , , , | 4 Comments

New ABS figures show two of the four pillars are crumbling – agriculture & mining

Posted on September 18, 2014 by Gene Tunny

New quarterly employment by industry data confirm falling employment levels in two of the so-called four pillars of the Queensland economy: agriculture and mining (see chart below). Regarding the other two pillars, construction employment appears flat and the ABS does … Continue reading →

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What is the Four Pillars’ share of the Queensland economy?

Posted on August 4, 2014 by Gene Tunny

Last week I noted how Nick Behrens of CCIQ made the good point on Steve Austin’s ABC radio show that the Queensland economy is much more than the so-called four pillars of agriculture, construction, resources (i.e. mining) and tourism. In … Continue reading →

Posted in Agriculture, Mining, Tourism | Tagged , , , , , , , , , | 2 Comments

Good employment outlook for Qld, but still waiting for strong economic recovery

Posted on August 1, 2014 by Gene Tunny

Steve Austin had a good chat with Nick Behrens from CCIQ yesterday morning on 612 ABC Brisbane, covering the economic outlook for Queensland and the Queensland Plan (What the job market in Queensland will look like in the future). Nick … Continue reading →

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