Tag Archives: unemployment

Qld’s economic outlook for 2018

CCIQ’s Joseph Kelly has published a nice note titled Business 2018 examining the outlook for Queensland business in 2018, in which he suggests “2018 has all the elements to be the year for business.” Factors that will boost Queensland’s economy … Continue reading

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Michael Knox on why the RBA won’t hike interest rates any time soon

In today’s Financial Review, economics correspondent Jacob Greber observed: The RBA has gone more than seven years now without raising interest rates, the longest span since the official cash rate was introduced in the early 1990s. Indeed, on Melbourne Cup … Continue reading

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Gutsy submission from Joe Branigan to regional decentralisation inquiry questioning inquiry’s rationale

The Australian Parliament is currently undertaking an inquiry into regional development and decentralisation, but the inquiry’s rationale has been brought into question by a brilliant submission from SMART Infrastructure Facility Senior Research Fellow (and occasional QEW contributor) Joe Branigan titled: … Continue reading

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Rising workforce participation reflects improved jobs market in Qld

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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Gig economy and baby boomers easing into retirement would partly explain why jobs growth mostly part-time

The July labour force data released by the ABS yesterday were good news for Australia and Queensland, with the unemployment rate falling in seasonally adjusted terms for both Australia, from 5.8% to 5.7%, and for Queensland, from 6.4% to 6.1%. … Continue reading

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Townsville’s double digit unemployment rate signifies major downturn in region

Yesterday afternoon I had a good chat with Pat Hession on Townsville ABC Radio about the latest discouraging unemployment data for my old home town of Townsville. Readers will be familiar with the vastly different economic conditions across Queensland (see … Continue reading

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Qld unemployment rate creeps up to 6.5 percent due to ongoing weakness in regions

NAB Chief Economist Alan Oster had a memorable quote regarding the latest NAB Business Survey results published in The Australian yesterday: “West Australia is going backwards, South Australia is in no great shakes and Northern Queensland is just as bad, … Continue reading

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