Tag Archives: unemploymentrate

Qld labour market continues to improve, but part-time jobs account for bulk of employment growth

Posted on June 16, 2017 by

Based on the latest labour force figures released by the ABS yesterday, the Queensland labour market appears to be improving nicely, which must be very pleasing to the State Government in the lead up to the next election. While the … Continue reading →

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Qld economy not generating enough jobs for uni, VET & school leavers

Posted on March 17, 2017 by

Market economists do not appear too concerned about the new ABS jobs figures released yesterday showing the national unemployment rate increased to 5.9% in February from 5.7% in January. There is a recognition that there is a lot of noise … Continue reading →

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Why the Adani mega mine is welcome news in Townsville

Posted on December 6, 2016 by

It is welcome news to the local community that Adani will base its Carmichael coal mine headquarters in Townsville , which has struggled with job losses and high unemployment over the last couple of years. The Townsville Bulletin reports: “Townsville … Continue reading →

Posted in Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , , , , | 3 Comments

ABC Regional Drive interview – dubious jobs data another sign ABS is struggling under a tight budget

Posted on October 21, 2016 by

In its September labour force report, which reported the Australian unemployment rate fell to 5.6% from 5.7% while employment fell by 9,800 (and full-time employment fell 53,000!), contrary to the jobs growth the market was expecting, the ABS more or … Continue reading →

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

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

Posted on August 19, 2016 by

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

Posted on July 14, 2016 by

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

Stark difference in unemployment rates between resources regions and rest of Qld

Posted on June 26, 2016 by

The Queensland branch of the Economic Society of Australia, of which I am the Secretary, was fortunate last Tuesday to host a presentation by Queensland Treasury official Greg Uptin on the economic forecasts underpinning the 2016-17 Queensland Budget. Greg gave … Continue reading →

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