The latest labour force data released today by the Australian Bureau of Statistics – Labour Force data – for November 2016 shows total employment barely increased and the ABS said the trend to part-time work remains. Over the last 12 months, Australia has produced only 84.9 thousand (net) jobs with 107.2 thousand of them being part-time jobs. In other words, full-time employment has fallen by 22.2 thousand jobs over the same period. This status as the nation of part-time employment growth carries many attendant negative consequences – poor income growth, precarious work, lack of skill development etc. The teenage labour market remains in a poor state and was treading water in November. It requires urgent policy intervention. Overall, with weak private investment now on-going and real GDP contracting (in the September-quarter), the Australian labour market is weak and there needs to be a policy shift. We will learn next week when the Federal government makes its Mid-Year Fiscal statement whether they have taken heed of the message in the data over the last few months. Australia needs a rather sizeable fiscal stimulus. My bet is that the Government will not have the good sense to introduce this required boost to total spending. But the deteriorating data is staring us all in the face now! There is no room for nuance. It is at the stage where the Federal treasurer should resign and admit his failure (see below).