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Vice President-elect Kamala Harris and President-Elect Joe Biden in Wilmington, Delaware, in December: Photo: Joshua Roberts/Getty Images

President-elect Joe Biden will have a shortened military escort to the White House on Inauguration Day and there'll be a "virtual parade across America" to avoid attracting crowds during the pandemic, the Presidential Inaugural Committee announced Sunday.

Driving the news: The committee has asked people to stay away during inaugural festivities on Jan. 20 and take part from home instead to curb the spread of COVID-19 amid spiking U.S. cases.

"There are many grand traditions to the inaugural and we plan to honor them by highlighting more of our nation’s people than ever before while keeping everyone safe."
— Statement from Presidential Inaugural Committee CEO Tony Allen

The big picture: After the official swearing-in ceremony on the west front of the U.S. Capitol, Biden, incoming first lady Jill Biden, Vice President-elect Kamala Harris and incoming second gentleman Doug Emhoff will participate in a socially distanced pass in review with members of the military on the East Front of the U.S. Capitol, per an inauguration committee statement.

  • The committee said Biden will then receive a presidential escort from 15th Street in Washington, DC, to the White House, "providing the American people and world with historic images of the President-elect proceeding to the White House without attracting large crowds and gatherings."
  • The nationally televised virtual parade will "celebrate America’s heroes, highlight Americans from all walks of life in different states and regions, and reflect on the diversity, heritage, and resilience of the country as we begin a new American era," the committee added. Participants will be announced in the coming weeks.

Go deeper

Jan 27, 2021 - Politics & Policy
Scoop

White House plots "full-court press" for $1.9 trillion relief plan

National Economic Council director Brian Deese speaks during a White House news briefing. Photo: Alex Wong/Getty Images

The Biden White House is deploying top officials to get a wide ideological spectrum of lawmakers, governors and mayors on board with the president’s $1.9 trillion COVID relief proposal, according to people familiar with the matter.

Why it matters: The broad, choreographed effort shows just how crucially Biden views the stimulus to the nation's recovery and his own political success.

Why 401(k) rollovers are so annoying

Illustration: Aïda Amer/Axios

If you happened to change jobs recently, you may have tried to transfer your retirement account from your former employer into an Individual Retirement Account or your new employer's 401(k) plan. If so, you probably encountered a bureaucratic gantlet — and you're not alone.

Why it matters: Kludgey processes around retirement account transfers result in people losing track of their funds, giving up important tax advantages, or otherwise disadvantaging themselves and being less prepared for retirement.

The hard math behind America's labor shortage

Data: Bureau of Labor Statistics, Congressional Budget Office; Chart: Axios Visuals

Yes, the pandemic has created unusual temporary labor market dynamics. But in the bigger picture, the 2010s were a golden age for companies seeking cheap labor. The 2020s are not.

The big picture: In the 2010s, the massive millennial generation was entering the workforce, the massive baby bo0m generation was still hard at work, and there was a multi-year hangover from the deep recession caused by the global financial crisis.