Tag Archives: labourforce

Qld has outperformed rest of Australia this decade so far

Posted on June 17, 2022 by Gene Tunny

The May Labour Force data released by the ABS yesterday confirmed Queensland has outperformed the rest of Australia over the last couple of years. My view is that this is due to a range of factors including a surge in … Continue reading →

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

Tourism operators need Qld Gov’t to continue reopening and not to panic as COVID comes in

Posted on November 17, 2021 by Gene Tunny

There is a lot of excitement about the reopening of Queensland, which can’t come quickly enough, but at least it is actually happening, so long as the Queensland Government holds its nerve and doesn’t reimpose restrictions once COVID cases start … Continue reading →

Posted in Tourism | Tagged , , , , , , , , , , | Leave a comment

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 →

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

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 →

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

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 →

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

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 →

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

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 →

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

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 →

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

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 →

Posted in Labour market, Macroeconomy, Uncategorized | Tagged , , , , | 1 Comment

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 →

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