Chart of the Day: Net New Jobs in January

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The American economy added 157,000 new jobs last month, but about 90,000 of those jobs were needed just to keep up with population growth, so net job growth was closer to 67,000 jobs. This was a little less than December’s number, which was revised upward to 196,000 (106,000 net). The unemployment number went up a few hundredths of a point thanks to re-benchmarking of BLS’s population estimates, which means the headline number ended up a tenth higher at 7.9 percent.

Down in the weeds, there were no big changes. Final revisions to the 2012 numbers were positive but modest. The economy continues to slog along.

HERE ARE THE FACTS:

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Our fall fundraising drive is off to a rough start, and we very much need to raise $250,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today.

As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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