QLD’s employment purge has only just begun

Thursday 13 November 2014

The latest ABS labour force data for October painted a dour employment picture in Queensland.

At the state-wide level, Queensland’s trend unemployment was 6.7% in October, with seasonally adjusted unemployment at 7.0%. Both measures are far above the national unemployment rates of 6.2% (both trend and seasonally adjusted) in October (see next chart).

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.