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Blogroll
Tag Archives: unemploymentrate
The indicators look great, but the recovery is very uneven across the economy
In the vicinity of my office at the Johnson Hotel on Boundary St, Spring Hill, I see the ongoing impacts of the pandemic on the economy. The hotel restaurant-cafe Tumbling Stone hasn’t reopened since it shut in March last year, … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, buildingindustry, consumerconfidence, consumersentiment, hospitality, jobs, johnson, qld, queensland, springhill, tourism, unemploymentrate
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Unpacking the increase in the unemployment rate since March 2020
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
Posted in Labour market
Tagged addedworkereffect, australia, nsw, participationrate, qld, queensland, unemploymentrate, victoria
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Why Qld’s unemployment rate is highest in nation despite better jobs recovery during pandemic than rest of Australia
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
Posted in Labour market, Macroeconomy
Tagged abs, australia, labourforcesurvey, lfs, participationrate, queensland, unemploymentrate
1 Comment
Qld Treasurer was premature in claiming recovery to pre-COVID jobs level
Last month, I dissected the Queensland Treasurer’s bold claim that more Queenslanders are working now than were working pre-COVID (check out my 21 November post). I thought it was a bold claim given a) the substantial sampling error at the … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, employment, jobs, labourforcesurvey, qld, unemploymentrate
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Chat with Joe Branigan on LNP’s New Bradfield Scheme and 5% jobless target and Labor’s $600M Council cash splash
Yesterday afternoon I caught up with my good friend and former Treasury colleague Joe Branigan to chat about the upcoming Queensland election, and you can listen to our wide-ranging conversation via the player/link below. Among other issues, we chatted about … Continue reading
Posted in Infrastructure, Labour market, Macroeconomy
Tagged alp, brucehighway, budget, goldcoast, infrastructure, labor, lgaq, lnp, m1, newbradfieldscheme, qld, qldelection, queensland, unemploymentrate, water
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Aussie unemployment & underemployment video
In my latest video, I expand on my post from last Monday True Queensland unemployment rate around 12% and discuss just how bad the Australian labour market is at the moment. Thanks to those readers who commented on the post … Continue reading
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abs, australia, coronavirus, covid-19, jobs, queensland, underemployment, underemploymentrate, underutilisation, unemploymentrate
2 Comments
True Qld unemployment rate around 12%
The true Queensland unemployment rate is around 12% rather than the official 7.9%. I’m not suggesting the ABS is being tricky. The ABS is accurately applying the internationally accepted Labour Force Statistics methodology. But we must look beyond the ABS … Continue reading
Posted in Labour market, Macroeconomy
Tagged abs, australia, coronavirus, covid-19, jobseeker, qld, queensland, underutilisation, unemployment, unemploymentrate
6 Comments
Official Qld unemployment rate of 7.9% doesn’t tell the full story
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
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abs, australia, coronavirus, covid-19, jobs, lfs, participationrate, qld, queensland, unemployment, unemploymentrate
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Qld jobless rate at 6.8% but effectively over 10%
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
Posted in Labour market, Macroeconomy, Uncategorized
Tagged abs, australia, employment, jobs, participationrate, qld, queensland, unemployment, unemploymentrate
4 Comments
State and regional unemployment rates in this time of COVID-19 with Pete Faulkner
Mission Beach-based economist Pete Faulkner from Conus Consulting has been in the news recently with his estimates of the massive adverse impacts that measures to combat coronavirus are having on Queensland’s regional economies (e.g. see the InQueensland report Jobless numbers … Continue reading
Posted in Cairns, Gold Coast, Labour market, Macroeconomy, North Queensland, Townsville, Uncategorized
Tagged abs, cairns, conus, coronavirus, covid-19, gdp, goldcoast, jobkeeper, missionbeach, qld, queensland, townsville, unemploymentrate
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