Chart of the Day: The Real Employment Picture

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Another day, another lousy jobs report. The Washington Post headlined it like this:

Job creation in U.S. comes to a halt in August

At the risk of being tiresome, this isn’t correct. We need to add about 150,000 jobs each month merely to keep up with population growth, which means that real net job growth is negative and has been for over a year. The chart below shows real net job creation over the past three years. We should do something about this. How about a trillion dollars for infrastructure?

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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