Photo: Jaap Arriens/NurPhoto via Getty Images

A dozen current and former employees who moderated disturbing and traumatic content for Facebook at a third-party contractor in Arizona told The Verge that their experiences caused PTSD-like symptoms amid difficult working conditions.

Why it matters per Axios' David McCabe: Facebook has spent over a year promising regulators, media and the public that it will address the flood of malicious content on its platform. Workers in Phoenix and at other content moderation sites are a key part of that effort — and both Facebook and its contractor, Cognizant, told The Verge that adequate support for employees was provided at the site — but their struggles are far less visible than the lives of executives and engineers at Facebook's Silicon Valley HQ.

Facebook VP of Global Operations Justin Osofsky posted a memo Monday he shared with employees over the weekend that explained the process of content reviewing at Facebook.

"A lot of the recent questions are focused on ensuring the people working in these roles are treated fairly and with respect. We want to continue to hear from our content reviewers, our partners and even the media – who hold us accountable and give us the opportunity to improve."

Go deeper, via Wired: The laborers who keep beheadings out of your Facebook feed

Go deeper

Markets swell as the economy shrinks

Illustration: Eniola Odetunde/Axios

The economy is sputtering, but the markets are thriving — a highly unusual event that shows how the coronavirus has thrown all bets off.

Why it matters: The disconnect adds to the wealth gap. The richest 10% of households — who own 84% of stocks — are getting richer, while millions of out-of-work Americans cross their fingers that pandemic unemployment benefits will be extended.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 10,836,500 — Total deaths: 520,605 — Total recoveries — 5,723,808Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 2,735,554 — Total deaths: 128,684 — Total recoveries: 781,970 — Total tested: 33,462,181Map.
  3. Public health: The states where face coverings are mandatory Regeneron stops trial after drug fails to help patientsWhat we know about the coronavirus immune response — Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Business: Top business leaders urge the White House to develop mandatory mask guidelines.
  5. Politics: Herman Cain hospitalized for COVID-19 after attending Trump Tulsa rally — Biden downplays jobs number, rebukes Trump for ignoring health crisis.
  6. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  7. States: Texas mandates face masks in public spaces Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.
10 hours ago - Health

Fauci: Coronavirus surges mark a "very disturbing week" in the U.S.

Fauci testifies to the Senate Health, Education, Labor and Pensions Committee on June 30. Photo: Al Drago/AFP via Getty Images

NIAID director Anthony Fauci told medical journal JAMA on Thursday that it has been a "very disturbing week" for the spread of the novel coronavirus in the U.S.

What's happening: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Caitlin Owens reports.