Chart of the Day: Net New Jobs in March

The American economy gained 103,000 jobs last month. We need 90,000 new jobs just to keep up with population growth, which means that net job growth clocked in at a very weak 13,000 jobs. The employment-population ratio was flat yet again, and the headline unemployment rate stayed steady at 4.1 percent. Wages of production and nonsupervisory workers were up 2.2 percent. That’s exactly the rate of inflation last month, so blue-collar workers saw no pay increase at all.

This is a pretty sluggish jobs report: new job creation stalled and blue-collar wages were flat. Let’s hope things pick up next month.

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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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