Jun 2, 2017

Jobs Report: Retail employment falls again in May

American retail workers have now lost jobs for the fourth straight month, locking in a trend in which shoppers are spurning bricks-and-mortar shops and buying on-line.

The U.S. economy added 138,000 new jobs in May, and the unemployment rate dipped to 4.3%, according to a report issued Friday by the Labor Department. Markets won't be too disappointed with these headline numbers, even though job growth was below economist expectations by roughly 50,000.

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Data: Bureau of Labor Statistics; Chart: Lazaro Gamio / Axios

But retail had another tough month: In retail, 6,100 people lost their jobs, adding up to 80,300 since the start of the year, the government said. This falls in line with the US and global shift to on-line shopping.

A level deeper: The trend occurs in one of the country's primary job sectors: some 15.9 million US workers are employed in retail, which has been a vital entry point for low-skilled workers, and a safe harbor for those who have fallen out of other jobs.

Be smart: If this trend continues, the U.S. worker may lose a vital step on the ladder of economic mobility. Workers often earn only minimum wage, but without bricks-and-mortar stores and malls, it's hard to see where those employed in them will find other work.

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Updated 31 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5:45 p.m. ET: 5,763,122 — Total deaths: 358,235 — Total recoveries — 2,389,735Map.
  2. U.S.: Total confirmed cases as of 5:45 p.m. ET: 1,715,811 — Total deaths: 101,337 — Total recoveries: 391,508 — Total tested: 15,192,481Map.
  3. Public health: The mystery of coronavirus superspreaders.
  4. Congress: Pelosi slams McConnell on stimulus delay — Sen. Tim Kaine and wife test positive for coronavirus antibodies.
  5. Education: Science fairs are going virtual, and some online elements may become permanent.
  6. Axios on HBO: Science fiction writers tell us how they see the coronavirus pandemic.
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  9. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

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Minnesota activates National Guard amid fallout from George Floyd death

A portrait of George Floyd hangs on a street light pole in Minneapolis. Photo: Stephen Maturen/Getty Images

George Floyd, 46, moved to Minnesota to improve his life and become his "best self," but instead, he is dead because of Minneapolis police.

The latest: Minnesota Gov. Tim Walz declared a state of emergency and activated the state's National Guard in response to violent clashes over the past two days between police and protesters in the Twin Cities.

Trump signs executive order targeting protections for social media platforms

President Trump signed an executive order on Thursday designed to limit the legal protections that shield social media companies from liability for the content users post on their platforms.

What they're saying: "Currently, social media giants like Twitter receive an unprecedented liability shield based on the theory that they are a neutral platform, which they are not," Trump said in the Oval Office. "We are fed up with it. It is unfair, and it's been very unfair."