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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Headshot of Editor in Chief of Mother Jones, Clara Jeffery

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It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

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Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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