Tag Archives: unemploymentrate

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

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

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

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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Unemployment rates in Qld and rest of Australia: breaking down the contributions of different age groups

Higher unemployment among young Queenslanders than their peers in southern states, as well as a higher proportion of 15-19 year olds in the labour force, account for a large part of the difference between Queensland’s unemployment rate, stuck at just … Continue reading

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National jobless rate may be lowest in 7 years, but Qld’s is ½ percentage pt higher than in 2011-12

The Australian’s Friday front page was emailed out earlier tonight, and it reports “Jobless rate at lowest in seven years.” This may be the case for Australia, but it’s not so for Queensland, where the unemployment rate is stuck around … Continue reading

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Qld economy continues to under-perform

The Queensland economy continues to under-perform relative to the NSW and Victorian economies. In my post earlier this month, I noted that the Queensland economy remains lukewarm. Economic conditions are much stronger in NSW and Victoria than in Queensland, as … 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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