Chart of the Day: Net New Jobs in March

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The American economy added 215,000 new jobs last month, 90,000 of which were needed to keep up with population growth. This means that net job growth clocked in at a respectable 125,000 jobs. Both the number of workers and the number of unemployed increased, and the headline unemployment rate increased from 4.9 percent to 5.0 percent. About a tenth of the new jobs were in the public sector, which is a little more than usual. Labor force participation was up by 0.1 percentage points. Overall, this was a fairly typical jobs report in the post-recovery era: not bad but not great. The labor market is showing slow and steady progress, but not enough to make up for the output gap from the Great Recession anytime soon.

Hourly earnings of production and nonsupervisory employees were up at an annual rate of about 2.4 percent compared to last month, and weekly earnings rebounded from last month’s decline. This is also the new normal. It’s better than nothing, but it’s not exactly a sign of a booming labor market.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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