Economy rebalance: Latest employment figures promising

Australia’s monthly Labour Force figures have pointed towards some promising employment figures of late. Another 42,000 jobs were added in the last month of data on a seasonally adjusted basis, taking total employment to a new high of well over 11.75 million. The detailed quarterly figures released on Thursday shed further light on where the new jobs…

Strong employment growth bodes well for Sydney & Melbourne Property Markets

The Detailed Labour Force figures for April 2015  revealed more good news for the Sydney economy, with an extra +20,500 jobs added, taking annual employment growth for the harbour city to +44,200, second only to Melbourne with +66,900 jobs added. Over the past two years, while Sydney (+76,200) and Melbourne (+61,700) have added jobs on a net…

Capital cities drive employment growth

A worthy inspection of the Detailed Labour Force figures for March 2015 shows that Australia’s four largest capital cities have overwhelmingly driven employment growth over the past two years. The month-to-month figures in this series are not seasonally adjusted; they are also unpredictable and volatile. By way of an example, having added a seemingly thunderous +34,000 jobs…

Alarming Disparity in City vs. Country Employment Growth    |    Pete Wargent

The ABS recently released its Detailed Labour Force data and it revealed a concerning and widening disparity between the prosperity of capital city Australia and our struggling regional centres. There is a bit of analysis to rip through here, so let’s dive straight in and take a look in three short parts, commencing with… Part 1 –…

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