Alan Diaz/AP

New claims for unemployment insurance fell again this week to its lowest level since 1973, further evidence that the U.S. labor market continues to strengthen.

Source: U.S. Employment and Training Administration

Why it matters: The U.S. economy is far closer to a labor shortage than it is to an immigration-induced overabundance. Yesterday's beige book release from the Federal Reserve showed anecdotal evidence of labor shortages in key industries like construction and computer engineering. Given these data, further actions to restrict the growth of the labor market could an ill-timed move that slows economic growth.

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1 hour ago - Health

U.S. hits highest daily COVID-19 case count since pandemic began

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COVID Tracking Project

The U.S. confirmed at least 83,010 coronavirus cases on Friday, the country's highest daily total since the pandemic started, according to data from the COVID Tracking Project.

By the numbers: Friday's total surpassed the U.S.'s previous record set on July 17 when 76,842 cases were recorded. 

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

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3 hours ago - Health

Fauci: Trump hasn't been to a COVID task force meeting in months

Photo: Drew Angerer/Getty Images

President Trump has not attended a White House coronavirus task force meeting in “several months,” NIAID director Anthony Fauci told MSNBC on Friday.

Why it matters: At the beginning of the pandemic, the task force, led by Vice President Mike Pence, met every day, but in the "last several weeks," members have held virtual meetings once a week, Fauci said, even as the number of new cases continues to surge in the country.