Wednesday, November 19, 2014

Queensland regional jobs weakness continues

Following on from recent weak employment data the Department of Employment have updated their internet job vacancies for October. Deep blue highlights the decline in advertised job vacancies over the past year across regional Queensland:

 

I was surprised to see the NT shaded light blue however a quick look at the detail indicates that this represents the relatively small NT ex Darwin labour market. I'm not sure if Darwin has been left off the map or one needs a magnifying glass to find it? When Darwin is included the NT turns a deep blue also.

Regional boundaries here make it difficult to draw more detailed conclusions specific to Cairns as FNQ also includes Townsville. The boundary here seems to be more or less the Far North from the previous ABS labour force survey plus Townsville SA4. Anyway this is the more detailed numbers for the Queensland regions:

Regional IVI – October 2014
Index (May '10 = 100)
Yearly
% change
Number of vacancies

Queensland
Brisbane
83.5
8.1
18,636
Central Queensland
88.4
-11.5
2233
Far North Queensland
110.5
-1.1
3822
Gold Coast
104.4
9.2
3718
Outback Queensland
82.9
-17.2
248
Sunshine Coast
130.8
7.5
1512
Toowoomba & South West QLD
122.7
-23.1
1221


Further commentary at Macrobusiness; also a recent post at Queensland Economy Watch on the regional employment data.

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