Tag Archives: participationrate

Unpacking the increase in the unemployment rate since March 2020

Posted on January 24, 2021 by Gene Tunny

In my post last Thursday, I discussed Why Qld’s unemployment rate is highest in nation despite better jobs recovery during pandemic than rest of Australia. I noted a large part of the story was “Queensland’s strong recovery (and over-shooting) in … Continue reading →

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Why Qld’s unemployment rate is highest in nation despite better jobs recovery during pandemic than rest of Australia

Posted on January 21, 2021 by Gene Tunny

When I spoke with Scott Emerson on his 4BC Drive program on Monday (see my Monday QEW post), he asked me how it was that Queensland could possibly have a higher unemployment rate than Victoria given the harsh restrictions they … Continue reading →

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Official Qld unemployment rate of 7.9% doesn’t tell the full story

Posted on June 19, 2020 by Gene Tunny

It’s obvious the official unemployment rate figures from the ABS are understating the true unemployment rate due to large numbers of people having left the labour force, evidenced by the collapse in the workforce participation rate. The official estimates for … Continue reading →

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Qld jobless rate at 6.8% but effectively over 10%

Posted on May 14, 2020 by Gene Tunny

This afternoon I caught up with Ben Scott, who works as a Research Assistant in my business Adept Economics, to discuss the April Labour Force data published by the ABS today, as well as the possible shape of the eventual … 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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Qld can no longer blame a higher participation rate for its higher unemployment rate

Posted on July 28, 2019 by Gene Tunny

Queensland has typically had a higher unemployment rate than the national average, and for many years this has been attributed by some commentators to Queensland having a higher workforce participation rate (and proportionately more people wanting to work).[1] But Queensland’s … Continue reading →

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Deloitte’s weird definition of “strong employment growth” for Qld

Posted on December 1, 2018 by Gene Tunny

I was surprised when I read Deloitte’s latest commentary on the Queensland economy, as reported by the Courier-Mail on Thursday (Jobless rate hides Qld’s economic success story), because the commentary makes little sense: QUEENSLAND’S economy is performing strongly despite the country’s … Continue reading →

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Workforce participation drops as Qld economy under-performs

Posted on June 17, 2016 by Gene Tunny

Far North Queensland-based economist Pete Faulkner published a great analysis of the ABS labour force estimates for May on his blog yesterday (Jobs data in Qld is poor again): Unfortunately the picture in Queensland continues to be a weaker one. … Continue reading →

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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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