Chart of the Day: New Unemployment Claims

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From the Wall Street Journal: “New claims for jobless benefits unexpectedly surged last week to their highest level since last summer, according to data giving another sign of the economy’s struggle in creating jobs. Separately, U.S. productivity slowed in the first quarter as the economic recovery stumbled and labor costs started to rise again.”

Not good news. Chart below, modified from this.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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