Unemployment Claims in 2016 Have Set a New Record Low

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The Department of Labor announced today that the 4-week moving average of initial unemployment claims was 276,000 in May. “This marks 65 consecutive weeks of initial claims below 300,000, the longest streak since 1973.”

Not bad—especially when you consider that the population of the country has increased by 50 percent since then. In fact, we missed a milestone earlier this year: adjusted for population, the number of initial unemployment claims since the beginning of 2016 has been the lowest in half a century. The economy still isn’t quite firing on all cylinders, but this is yet another sign that it’s doing pretty well.

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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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