ADP: We gained 118,000 jobs in November. That’s really bad.

In Washington Post’s “Wonkblog,” Dylan Matthews discusses private forecaster ADP’s latest report on job growth and unemployment changes, which estimates that the economy gained 118,000 jobs last month. Matthews cites data from The Hamilton Project’s jobs gap calculator—an interactive feature that allows you to calculate how long it will take to close the “jobs gap” under different scenarios of growth—which shows that at a rate of 118,000 jobs per month, the U.S. will not be back at pre-recession employment levels until after 2025. Read the full piece here.