Dec 9, 2019 - Economy & Business

Private payrolls dip while government job report soars

Dion Rabouin, author of Markets
Expand chart
Data: BLS, ADP; Chart: Axios Visuals

Last week's ADP private payrolls report was a serious head fake for Friday's blockbuster U.S. jobs report from the Labor Department.

Why it matters: The government's numbers deviate significantly from the trend, which likely mean the report is an outlier but it could also signal the start of a new trend.

By the numbers: The 266,000 jobs added was the second highest total this year, trailing only January's 312,000, and was in sharp contrast to the slowing trend seen for most of the year. It was also the most the two reports have diverged for all of 2019, and by a significant margin.

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Axios
22 mins ago - Podcasts

House antitrust chair talks USA vs. Google

The Justice Department filed a 63-page antitrust lawsuit against Google related to the tech giant's search and advertising business. This comes just weeks after the House subcommittee on antitrust issued its own scathing report on Google and other Big Tech companies, arguing they've become digital monopolies.

Axios Re:Cap talks with Rep. David Cicilline (D-R.I.), chair of the subcommittee on antitrust, about Google, the DOJ's lawsuit and Congress' next move.

Joann Muller, author of Navigate
34 mins ago - Economy & Business

Boeing research shows disinfectants kill coronavirus on airplanes

Electrostatic spraying of disinfectant. Photo: Delta Air Lines

Boeing and researchers at the University of Arizona say their experiment with a live virus on an unoccupied airplane proves that the cleaning methods currently used by airlines are effective in destroying the virus that causes COVID-19.

Why it matters: Deep cleaning aircraft between flights is one of many tactics the airline industry is using to try to restore public confidence in flying during the pandemic. The researchers say their study proves there is virtually no risk of transmission from touching objects including armrests, tray tables, overhead bins or lavatory handles on a plane.

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Axios
Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Senate Democrats block vote on McConnell's targeted COVID relief bill — McConnell urges White House not to strike stimulus deal before election.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: Studies show drop in COVID death rate — The next wave is gaining steam — The overwhelming aftershocks of the pandemic.
  4. Education: Schools haven't become hotspots — San Francisco public schools likely won't reopen before the end of the year.
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