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Health care is still a reliable job creator

Data: Bureau of Labor Statistics; Chart: Chris Canipe/Axios

The health care industry is inching closer to employing 16 million people, keeping it ahead of the retail and manufacturing industries as the country's largest source of jobs. In the 18 months since President Trump was elected, health care companies have added an average of 24,000 jobs per month.

The bottom line: Everyone gets sick and dies, making health care a mostly recession-proof industry. But that doesn't mean rising health care employment is good for the economy since more jobs inevitably leads to higher spending.

Axios 2 hours ago
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Axios situational awareness

🎖️ Ronny Jackson withdraws as VA nominee — 📺 Trump holds forth on Fox & Friends — 🇫🇷 Macron sums up his Trump visit — 🍃 How Pruitt prepped for Congress

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Mike Allen 4 hours ago
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Macron's blunt postgame

Collage: Sarah Grillo/Axios; Photos: Getty Images

French President Emmanuel Macron said at a remarkably candid postgame for a small group of reporters last evening that his State Visit left him convinced President Trump will withdraw from the nuclear deal with Iran, and that the U.S. president wants to create "a series of new Trump's deals."

His big takeaway: "[Y]our president is a dealmaker. You always have to understand the rationale of your counterpoint. He's a dealmaker. So he wants to find a deal and he wants to find a deal under his condition."