Chart of the Day: Net New Jobs in March

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Here’s my usual monthly chart showing net new jobs created in March. Why net? Because the U.S. population increases every month, which means you need a certain number of new jobs just to tread water. This chart subtracts that out to show the true net growth in employment.

Bottom line: the number of net new jobs added in March was about 30,000. That’s better than zero, but still pretty crappy. If my previous post about the shadow banking system didn’t convince you that the economy is still too weak to be thinking about austerity, this one should.

Fact:

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In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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