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Larry Elder speaking in Costa Mesa, California, on Sept. 14. Photo: Mario Tama/Getty Images

After California Gov. Gavin Newsom (D) survived the Republican-led effort to remove him from office, recall candidate Larry Elder conceded on Tuesday night but told his supporters to "stay tuned," AP reports.

Why it matters: Elder's concession speech suggested that the recall campaign may not be his last, potentially setting up another race between the two men in 2022 when Newsom faces reelection.

What they're saying: Elder, a 69-year-old radio host, told his supporters that “we may have lost the battle, but we are going to win the war," according to AP.

  • "I can’t think of anything that this man has done in the last two years that suggests he deserves another day in office,” Elder said, referring to Newsom.
  • Elder last week declined to say if he would challenge Newsom again in 2022.

The big picture: Newsom received more than 5.8 million votes ( 63.9%) against the recall with all precincts reporting, per state figures.

  • Elder performed ahead of the other candidates who had hoped to replace Newsom if the recall succeeded.

Go deeper: "Big Lie" hits California recall election

Go deeper

FDA investigates listeria outbreak linked to Fresh Express

Photo: Justin Sullivan/Getty Images

The Food and Drug Administration announced Tuesday an investigation into listeria infections in multiple states linked to Fresh Express packaged salads, which has recalled of some of its products in response to the outbreak.

Driving the news: The outbreak "has been associated with 10 illnesses, 10 hospitalizations and one death" in eight states from July 26, 2016 to Oct. 19, 2021, per an FDA statement. Fresh Express said Monday some items made in its Streamwood, Illinois, facility had the "potential to be contaminated" with listeria monocytogenes.

Why 401(k) rollovers are so annoying

Illustration: Aïda Amer/Axios

If you happened to change jobs recently, you may have tried to transfer your retirement account from your former employer into an Individual Retirement Account or your new employer's 401(k) plan. If so, you probably encountered a bureaucratic gantlet — and you're not alone.

Why it matters: Kludgey processes around retirement account transfers result in people losing track of their funds, giving up important tax advantages, or otherwise disadvantaging themselves and being less prepared for retirement.

The hard math behind America's labor shortage

Data: Bureau of Labor Statistics, Congressional Budget Office; Chart: Axios Visuals

Yes, the pandemic has created unusual temporary labor market dynamics. But in the bigger picture, the 2010s were a golden age for companies seeking cheap labor. The 2020s are not.

The big picture: In the 2010s, the massive millennial generation was entering the workforce, the massive baby bo0m generation was still hard at work, and there was a multi-year hangover from the deep recession caused by the global financial crisis.