trends in Brisbane property

Useful facts without opinions: Brisbane’s unemployment rate

Real estate soothsayers and tea-leaf readers love to watch the employment market – if you’re going to see a trend in property it’ll often start with jobs growth or cuts. Last week’s ABS data pointed to a sizable improvement in local employment with 8,300 net new jobs created in July in Queensland. Here’s a tidy graph that shows the unemployment rate by region across the sunny state.

Brisbane city jobs

Unemployment rate by region – Source: Aust Bureau of Statistics