Chart of the Day: Net New Jobs in March

Fight disinformation. Get a daily recap of the facts that matter. Sign up for the free Mother Jones newsletter.


The American economy added 98,000 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 8,000 jobs. That’s pretty dismal, but under the surface the news was better: the number of employed people went up by 472,000 and the number of unemployed declined by 326,000. As a result, the headline unemployment rate dropped to 4.5 percent.

Hourly earnings of production and nonsupervisory employees went up at an annual rate of about 2.3 percent for the second month in a row. That’s about even with the inflation rate, which means the real increase was close to zero. That’s disappointing given recent signs that wages were starting to make gains.

ONE MORE QUICK THING:

Or at least we hope. It’s fall fundraising time, and we’re trying to raise $250,000 to help fund Mother Jones’ journalism during a shorter than normal three-week push.

If you’re reading this, a fundraising pitch at the bottom of an article, you must find our team’s reporting valuable and we hope you’ll consider supporting it with a donation of any amount right now if you can.

It’s really that simple. But if you’d like to read a bit more, our membership lead, Brian Hiatt, has a post for you highlighting some of our newsroom's impressive, impactful work of late—including two big investigations in just one day and covering voting rights the way it needs to be done—that we hope you'll agree is worth supporting.

payment methods

ONE MORE QUICK THING:

Or at least we hope. It’s fall fundraising time, and we’re trying to raise $250,000 to help fund Mother Jones’ journalism during a shorter than normal three-week push.

If you’re reading this, a fundraising pitch at the bottom of an article, you must find our team’s reporting valuable and we hope you’ll consider supporting it with a donation of any amount right now if you can.

It’s really that simple. But if you’d like to read a bit more, our membership lead, Brian Hiatt, has a post for you highlighting some of our newsroom's impressive, impactful work of late—including two big investigations in just one day and covering voting rights the way it needs to be done—that we hope you’ll agree is worth supporting.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate