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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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Walmart employee pushes grocery carts at a Walmart store. Photo: Joe Raedle/Getty Images

Amid a stagnating wages crisis, income volatility continues to be a top concern for workers.

Why it matters: This concern is spreading so rapidly that large employers like Walmart are looking for ways to help their employees better manage inconsistent income and personal finances. Walmart revealed on Thursday that more than 200,000 of its employees are now using Even, a system to help workers access their earned wages in between paychecks if they're short on cash for bills.

"What we quickly learned… is that [getting consistent income is] part of the problem and it’s not all of the problem... Income is part of it, but also what you do with that income."
— Even co-founder and CEO Jon Schlossberg tells Axios

This conclusion is why Even's app also includes features for budgeting, managing expenses, and saving money — all to make early withdrawal of earned wages a last-resort option for users.

  • Companies like Even also say they aim to be an alternative to payday loans, which come with exorbitantly high interest rates and can cause bigger financial problems.

The bottom line: Most American workers care more about having consistent pay than earning more, Tony Xu, CEO of food delivery startup DoorDash, said a year ago. DoorDash's delivery workers are independent contractors and part of the so-called "gig economy."

Go deeper: A look at Even, and similar services

Go deeper

Republican Sen. Sasse slams Nebraska GOP for "weird worship" of Trump after state party rebuke

Sen. Ben Sasse, (R-Neb.) Photo: Andrew Harnik - Pool/Getty Images

The Nebraska Republican Party on Saturday formally "rebuked" Sen. Ben Sasse (R-Neb.) for his vote to impeach former President Trump earlier this year, though it stopped short of a formal censure, CNN reports.

Why it matters: Sasse is the latest among a slate of Republicans who have faced some sort of punishment from their state party apparatus after voting to impeach the former president. The senator responded statement Saturday, per the Omaha World-Herald, saying "most Nebraskans don't think politics should be about the weird worship of one dude."

Cuomo barraged by fellow Dems after second harassment accusation

New York Gov. Andrew Cuomo faced a barrage of criticism from fellow Democrats after The New York Times reported that the second former aide in four days had accused him of sexual harassment.

Why it matters: Cuomo had faced a revolt from legislators for his handling of nursing-home deaths from COVID. Now, the scandal is acutely personal, with obviously grave political risk.

3 hours ago - Health

Fauci: Children "very likely" to get COVID vaccine at start of 2022

NIAID Director Anthony Fauci. Photo: Win McNamee/Getty Images)

Children under age 12 will "very likely" be able to get vaccinated for coronavirus at the "earliest the end of the year, and very likely the first quarter of 2022," NIAID Director Anthony Fauci told "Meet the Press" Sunday.

Why it matters: Children generally aren't at risk of serious coronavirus infections, but vaccinating them will be key to protecting the adults around them and, eventually, reaching herd immunity, writes Axios' Caitlin Owens.

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