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.

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We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't find elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

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