Tag Archives: labourforce

Bold claim from Qld Treasurer: more Queenslanders working now than pre-COVID restrictions

Posted on November 21, 2020 by Gene Tunny

Queensland Treasurer Cameron Dick has made a bold claim, which I disagree with, that more Queenslanders are working now than were working pre-COVID. The Treasurer’s claim is based on the October Labour Force data published by the ABS on Thursday, … Continue reading →

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Catch up on COVID-19 with CCIQ Chief Economist Dr Marcus Smith – Qld budget impact

Posted on April 16, 2020 by Gene Tunny

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 →

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Higher long-term unemployment a marker of Qld’s under-performance relative to rest of Australia

Posted on December 30, 2019 by Gene Tunny

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 →

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Thoughts on Jackie Trad’s interview by Steve Austin on Qld economy

Posted on October 30, 2019 by Gene Tunny

CommSec’s latest State of the States report which was released Monday reported Queensland in fifth position among Australia’s eight states and territories. On Monday afternoon, 612 ABC Brisbane’s Steve Austin interviewed Deputy Premier-Treasurer Jackie Trad on the state of the … Continue reading →

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Why is Australia’s workforce participation rate at a record high of 66.1%?

Posted on August 24, 2019 by Gene Tunny

The first episode of the new season of Utopia on the ABC featured the Intergenerational Report, which projects an eventual reduction in the workforce participation rate due to an ageing population. At the moment, however, Australia’s participation rate is actually … Continue reading →

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612 ABC Brisbane radio interview on Qld having nation’s highest unemployment rate

Posted on November 16, 2018 by Gene Tunny

Yesterday I had an enjoyable chat with Steve Austin on his 612 ABC Brisbane Drive program about the latest ABS Labour Force estimates, which, as I reported in yesterday’s post, revealed Queensland is the only state with an unemployment rate … Continue reading →

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Qld only state/territory with 6%+ unemployment rate

Posted on November 15, 2018 by Gene Tunny

The Queensland economy continues to under-perform based on the latest ABS Labour Force estimates released this morning. The state unemployment rate is stuck at 6.2% (in trend terms) while the national rate fell to 5.1% in October from 5.2% in … Continue reading →

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Surge in Qld youth employment over 2017

Posted on January 19, 2018 by Gene Tunny

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 →

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

Posted on October 19, 2017 by Gene Tunny

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 →

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Rising workforce participation reflects improved jobs market in Qld

Posted on August 18, 2017 by Gene Tunny

I have been commenting on Queensland’s improving labour market for several months now, and the July labour force data released by the ABS yesterday have confirmed that trend is continuing. The State’s unemployment rate remained stable at 6.3 percent in … Continue reading →

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