Tag Archives: labourforce

RBA says SEQ builders see signs of improvement in sector

Christopher Kent of the RBA has given an informative speech on Recent Developments in the Housing Market, in which he noted there are signs of improvement in the SEQ building industry: Approvals in Queensland have been subdued, particularly on the … Continue reading

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

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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People marginally attached to the labour force behind participation rate movements

In the early 2000s, when Queensland’s unemployment rate seemed permanently stuck around 1-2 percentage points above the national average, it was common for Premier Beattie and Employment Minister Braddy to note that our relatively higher participation rate placed us at … Continue reading

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Qld’s sluggish labour market persists – unemployment at 6.2% (compared with 5.4% nationally)

The Queensland unemployment rate was recorded at 6.2% (seasonally adjusted) in December 2012, up slightly from 6.1% in the previous month. The number of unemployed persons has increased to nearly 154,000, compared with 130,000 twelve months previously. The result is … Continue reading

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Temporary weakness due to public sector restraint continues

Today’s ABS labour force data weren’t encouraging for Queensland, with the unemployment rate remaining significantly higher than the national average, as shown in this chart from OESR’s labour force brief: I remain of the view that Queensland’s higher unemployment rate … Continue reading

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