May 20, 2017

A global pledge to fight antibiotics resistance

Janice Carr/CDC via AP

The G20 health ministers, including the United States, announced today that they've agreed to come up with plans to fight the spread of antibiotic-resistant bacteria and implement plans by the end of 2018. Health and Human Services secretary Tom Price attended the meeting of the health ministers in Berlin.

Why it matters: As many as 2 million Americans become infected with antibiotic-resistant bacteria each year and 23,000 people die from it, according to the Centers for Disease Control and Prevention.

Key quote from the health ministers: "Since these global challenges cannot be addressed by one country, region or sector alone, they call for a coordinated global response."

Noted: Price's statement didn't mention the commitment, but he did endorse "a sustained, focused commitment to global health security."

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Unemployment rate falls to 13.3% in May

Data: Bureau of Labor Statistics; Chart: Axios Visuals

The U.S. unemployment rate fell to 13.3% in May, with 2.5 million jobs gained, the government said on Friday.

Why it matters: The far better-than-expected numbers show a surprising improvement in the job market, which has been devastated by the coronavirus pandemic.

The difficulty of calculating the real unemployment rate

Data: U.S. Department of Labor; Note: Initial traditional state claims from the weeks of May 23 and 30, continuing traditional claims from May 23. Initial PUA claims from May 16, 23, and 30, continuing PUA and other programs from May 16; Chart: Andrew Witherspoon/Axios

The shocking May jobs report — with a decline in the unemployment rate to 13.3% and more than 2 million jobs added — destroyed expectations of a much worse economic picture.

Why it matters: Traditional economic reports have failed to keep up with the devastation of the coronavirus pandemic and have made it nearly impossible for researchers to determine the state of the U.S. labor market or the economy.

2 hours ago - Sports

How coronavirus could reshuffle the sports calendar

Illustration: Eniola Odetunde/Axios

The NBA's Board of Governors approved Thursday the league's 22-team plan to resume play at Walt Disney World — a plan that also includes tentative dates for both this season and next.

Why it matters: The league's proposed trip to Disney World not only impacts this season but could have a domino effect that impacts seasons in the future — and could permanently change what time of year the NBA plays its games.