Chart of the Day: Net New Jobs in December

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.


The American economy added 156,000 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 ho-hum 66,000 jobs—nearly all of it in the private sector. The headline unemployment rate ticked up slightly to 4.7 percent. Overall, it was sort of a blah showing, with 60,000 people finding new jobs and 120,000 people added to the unemployment rolls. The labor force participation rate stayed steady.

But there was also some good news: hourly earnings of production and nonsupervisory employees went up at an annual rate of slightly more than 4 percent. That’s excellent, and suggests that the labor market is starting to firm up. If the Fed doesn’t get too antsy about this, it could mean that 2017 will see some pretty decent wage growth.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

payment methods

We Recommend

Latest