Tag Archives: unemploymentrate

Robust SEQ economy distracts us from weakness in regions, particularly in Townsville

Posted on April 21, 2016 by Gene Tunny

Townsville-based economist Colin Dwyer is getting very worried about his region’s economy, noting in an email to his mailing list today that: “Economic conditions have deteriorated in North Australia’s largest city.  The unemployment rate is the worst it’s been for … Continue reading →

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

Qld unemployment rate appears stuck around 6%, while national rate falls

Posted on April 14, 2016 by Gene Tunny

Queensland’s under-performing economy was illustrated by March labour force data released by the ABS today. The State’s unemployment rate appears stuck around 6%, while the national unemployment rate continues its steady decline, with the seasonally adjusted national rate falling from … Continue reading →

Posted in Labour market, Macroeconomy, Mining, North Queensland, Townsville, Uncategorized | Tagged , , , , , , , | 4 Comments

Comment in Courier-Mail on volatile Qld jobs data

Posted on March 18, 2016 by Gene Tunny

With the huge volatility in State unemployment rate estimates, demonstrated by the ABS seasonally adjusted estimate of Queensland’s unemployment rate falling from 6.4% in January to 5.6% in February, and the SA rate increasing from 6.8% to 7.7%, the ABS … Continue reading →

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

Upcoming CPA Australia NFP conference

Posted on February 19, 2016 by Gene Tunny

The discouraging January labour force data released by the ABS yesterday make the economic outlook even more interesting, and Adam Creighton from The Australian is certainly correct that the weak labour market, which saw an increase in the national unemployment … Continue reading →

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How the Qld economy performed over 2015

Posted on December 31, 2015 by Gene Tunny

In 2015, the Queensland economy proved itself resilient to the end of the mining boom, and recovered from the apparent downturn, a so-called technical recession, at the end of 2014. Even though the economy is proving resilient, growth is at … Continue reading →

Posted in Budget, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , , , | 2 Comments

Qld employment growth is great news, but it is still not strong from historical perspective

Posted on November 13, 2015 by Gene Tunny

Wisely, Queensland Treasurer Curtis Pitt did not get too excited over yesterday’s employment numbers, which were surprisingly strong at a national level, with the Treasurer noting, regarding the State unemployment rate, “While it’s welcome news that the seasonally adjusted unemployment … Continue reading →

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Pockets of very high unemployment in Logan, Brisbane South West and Ipswich

Posted on June 22, 2015 by Gene Tunny

I’ve produced the map of unemployment rates for local areas in the Brisbane metro area below based on the latest small area labour markets data for March 2015 from the federal Department of Employment. The data show that pockets of … Continue reading →

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Health & aged care will drive jobs growth in coming years

Posted on April 17, 2015 by Gene Tunny

The March labour force data released yesterday by the ABS show the Queensland unemployment rate has stabilised at around 6.5%, which, while relatively high (see chart above), is not too bad from a historical perspective, as I’ve noted before (Don’t … Continue reading →

Posted in Labour market, Population | Tagged , , , , , , , , , | 6 Comments

Upcoming panel discussion – End of the mining boom: What’s next?

Posted on April 6, 2015 by Gene Tunny

It’s clear the mining downturn is having significant adverse effects, such as large increases in unemployment in regions that are more dependent on mining, such as the Mackay and Fitzroy regions (see chart above, and also see the Courier-Mail report … Continue reading →

Posted in Macroeconomy, Mining | Tagged , , , , , , , , , , | 1 Comment

Addressing youth unemployment requires reform of workplace relations policies

Posted on March 23, 2015 by Gene Tunny

Youth unemployment has re-emerged as a significant problem in recent years (see chart above), partly as a result of the general economic sluggishness since the financial crisis. Also, Australia’s inflexible workplace relations regulations are likely playing a role, and youth … Continue reading →

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