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A GoFundMe raising money for an operation to evacuate hundreds of Afghans. Photo: Ed Jones/AFP via Getty Images

The pandemic, natural disasters and response to other tragedies spurred giving in 2021, according to GoFundMe's annual report.

Why it matters: The crowdfunding platform says one donation is made every second to help people across the globe. One in three fundraisers is started for someone else.

Details: Though the annual report did not specify numbers for every fundraiser, it highlighted some of 2021's "most notable" campaigns where people turned "hard to watch headlines into meaningful help." The company would not share which campaigns raised the most money.

Pandemic: In April, people around the globe raised tens of millions to provide critical oxygen supplies and meet other medical needs in India as the country faced a devastating COVID wave.

  • LGBTQ travel site GayCities launched a campaign to help keep LGBTQ venues open during the pandemic.

Natural disasters: GoFundMe raised nearly $10 million to help Texas residents caught in power outages and freezing temperatures amid deadly storms in February.

Other tragedies: AAPI communities saw a surge in support after a white man killed eight people, including six Asian women, in a mass shooting in Atlanta.

Go deeper

Jan 15, 2022 - Health

Experts warn of more COVID-19 variants after Omicron

Three COVID-19 testing companies place testing locations outside Grand Central Terminal on Jan. 14 in New York City. Photo: Alexi Rosenfeld/Getty Images

Experts are warning that subsequent COVID-19 variants are likely to come after Omicron, AP reports.

Why it matters: The warnings come as there's no guarantee that subsequent variants "will cause milder illness or that existing vaccines will work against them," underscoring the need for widespread vaccination, AP writes.

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.