By which I mean mainly Brisbane and its adjacent coastal conurbations, not the state's mining and resources regions.
As you can see underemployment is higher today that it was through most of the mining and resources construction boom phase, but not wildly so in the case of NSW and QLD.
2 - Monthly hours worked
3 - Participation
Dr. Chris Caton of BT Financial explains why this is an erroneous conclusion:
Australia's reported participation rate had been in an uptrend since October 2014, but struck upon a blip in February.
While WA remains the participation rate king, WA and TAS are trending down, while NSW and QLD once again scored well.
Rebar futures also clonked into limit up in rising by 5 per cent with a near record volumes of contracts traded at 11.2 million (112 million tonnes).