Chart of the Day: Net New Jobs in June


The American economy added 288,000 new jobs in March, but about 90,000 of those jobs were needed just to keep up with population growth, so net job growth clocked in at 198,000. The headline unemployment rate dropped to 6.1 percent.

As with last month, there are no serious gotchas in this month’s report. The labor participation rate was stable once again, and the unemployment rate fell for the right reason: because more people were getting jobs, not because people were dropping out of the labor force. We’ve now have five consecutive months of good—but not great—jobs reports, and June’s report is an encouraging sign that the Q1 dip in GDP really was an anomaly, not a sign of things to come.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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