Chart of the Day: Net New Jobs in April

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The American economy added 160,000 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 a sluggish 70,000 jobs. The number of workers in the labor force declined, but the number of unemployed also declined, which means the headline unemployment rate stayed steady at 5.0 percent. Public sector employment decreased by 11,000 jobs.

Hourly earnings of production and nonsupervisory employees were up at an annual rate of about 2.9 percent compared to last month, which is only slightly higher than the rate of inflation. However, weekly hours worked were up, which means weekly earnings increased at a healthy annual rate of 6.7 percent.

Bottom line: not horrible but nothing to write home about. The economy is growing, but overall we seem to remain mired in a great stagnation.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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