Apr 3, 2019

"Job market is weakening": Private payroll job growth hits 18-month low

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U.S. job growth fell to an 18-month low in March, according to a Wednesday report from ADP and Moody’s Analytics. Private payrolls increased by 129,000 in March, missing the 173,000 economists expected.

  • "The job market is weakening, with employment gains slowing significantly across most industries and company sizes," said Moody's Mark Zandi in a statement.

The bottom line: The ADP jobs report is seen as an important precursor to Friday's official government jobs report. The numbers don't bode well for those fearing that the booming jobs market is slowing down — especially after February's dismal report that showed only 20,000 jobs were added to the U.S. economy.

Go deeper: U.S. adds just 20,000 jobs in February

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The long journey to herd immunity

Illustration: Sarah Grillo/Axios

The sought-after state of herd immunity — in which widespread outbreaks are prevented because enough people in a community are immune to a disease — is complicated by open questions about the effectiveness of a future vaccine and how COVID-19 spreads.

Why it matters: Unless a sufficient level of immunity is achieved in the population, the coronavirus could circulate indefinitely and potentially flare up as future outbreaks.

Judge rules all three defendants in shooting of Ahmaud Arbery will stand trial

Photo: Sean Rayford/Getty Images

A judge ruled on Thursday that all three men charged in the death of Ahmaud Arbery, a 25-year-old black man who was shot and killed in February Glynn County, Georgia, will stand trial, AP reports.

Why it matters: The video of Arbery's death was among several catalysts in the mass protests against racial injustice that have unfurled across the country and world over the past week and a half.

Remembering George Floyd

Photo: Kerem Yucel/AFP via Getty Images

With politicians, clergy and law enforcement in attendance on Thursday in Minneapolis, the family of George Floyd demanded recognition for his life well lived.

Why it matters: Floyd has become the latest symbol of police brutality after he was killed last week when a police officer held a knee to his neck.