New jobs any day now…

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Kash at Angry Bear dives into the poor job numbers released today and finds: more bad news. Key quote: “The most disappointing part about the US economy’s poor job creation right now is that we may well be pretty much at the peak of economic growth for this business cycle.” So what do we do once the economy starts to slow over the next two years? Clearly it’s time for more tax cuts.

…one other note. The newspapers, while rightly dour, are noting that the employment number bounced up to 5.2 percent, down from 5.7 percent a year ago. That’s true, but the employment-to-population ratio, which also counts up all those people too discouraged from even looking for work, is only at 62.4 percent. That’s only slightly up from a year ago (62.2 percent) and far lower than the 64.7 percent in 2000. Oh, and wages keep declining.

Update: On the other hand, not everyone’s faring so poorly…

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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