Chart of the Day: Net New Jobs in December

The American economy lost 140,000 jobs last month. The unemployment rate stayed steady at 6.7 percent. As usual, I’d caution everyone about interpreting these figures since they say more about the COVID-19 pandemic than the actual jobs situation.

That said, it’s obviously bad news on all fronts that job growth has stalled. Unsurprisingly, job losses were led by the leisure and hospitality industry, which lost nearly half a million jobs as people stayed home instead of traveling for the holidays.

Oddly, hourly earnings were up about 10 percent compared to November. This was led by a huge jump in hourly earnings for health care workers.

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REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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