Another Anemic Jobs Report for April

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I was going to write a post last night promising not to make too big a deal out of today’s job numbers, no matter what they turned out to be, but I forgot. But I promise anyway.

As it happens, new jobs clocked in at 115,000 last month, only 25,000 above the number needed to keep up with population growth. The headline unemployment rate went down to 8.1%, but only because discouraged workers are leaving the labor force, so they aren’t counted in the official jobless numbers anymore. All in all, a pretty anemic report. My usual chart showing net new jobs is below.

On the bright side, employment numbers for February and March were revised upward by 53,000. This doesn’t change anything dramatically, but it’s certainly better than nothing. Bottom line: it’s only one month, but it sure looks like we’re living through an economy that just can’t quite pull itself into a serious recovery. Since the start of 2011, average net job growth has been 75,000 per month, with only a few months rising above that figure. That’s just not enough to make up for the staggering job losses of the Great Recession anytime soon.

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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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