It’s 2017 and according to the ever reliable Roy Morgan Research poll, unemployment (9.7%) and underemployment (8.2%) now adds up to 17.9% - a total of 2.4 million people looking for work or for more work.
Not a good start to the year.
We have now set a new record for household debt, which the Reserve Bank chief says is a threat to the economy. Which affects spending.
Wages growth is historically low. Households are cutting back on consumption, hurting the economy and employment.
Well, duh! It all joins up.
And coming towards us through the wires and wireless is an enormous wave of change, with robotisation, computerisation and automation set to steadily eliminate 40% of jobs. New jobs will replace a proportion of those lost but nowhere near enough.
And what are we doing about it?