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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LESS DREADING, MORE DOING

This is the rubber-meets-road moment: the early days in our first fundraising drive since we took a big swing and merged with CIR to bring fearless investigative reporting to the internet, radio, video, and everywhere else that people need an antidote to lies and propaganda.

Donations have started slow, and we hope that explaining, level-headedly, why your support really is everything for our reporting will make a difference. Learn more in “Less Dreading, More Doing,” or in this 2:28 video about our merger (that literally just won an award), and please pitch in if you can right now.

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