Chart of the Day: Net New Jobs in May

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The American economy added 280,000 new jobs last month, 90,000 of which were needed to keep up with population growth. This means that net job growth clocked in at 190,000 jobs, which is quite a bit better than the past two months. The unemployment rate ticked up a few hundredths of a point and now rounds off to 5.5 percent, slightly higher than last month. But it was mostly because more people are entering the labor force, which is a good thing.

Roughly speaking, this report is fairly good news. Not great news, especially after the lousy jobs reports in March and April, but OK. Our economy continues to putter along in second gear.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

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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