Axios PM

March 27, 2026
🍻 Happy Friday! Today's newsletter, edited by Alex Fitzpatrick, is 685 words, a 2½-min. read. Thanks to Carolyn DiPaolo for copy editing.
🌐 Bulletin: Secretary of State Marco Rubio told G7 foreign ministers today that the war with Iran will continue for another two to four weeks. Go deeper.
1 big thing: It's women's economy now

The U.S. workforce has more women than men for only the third time ever, Axios' Emily Peck writes from a new Indeed report based on federal data.
- This isn't quite a women's empowerment story.
- Traditionally male-dominated occupations are shrinking, while female-led jobs are growing. (They still tend to be lower-paid, though.)
Two dynamics are driving the shift:
🏥 1. Health care — a female-dominated field — is the job market's fastest-growing sector.
- Job growth in the largely male construction and manufacturing fields has been flat or negative.
📉 2. Fewer men are participating in the job market.
- Male employment fell by 142,000 jobs from February 2025 to February 2026.
- That's partly because President Trump's immigration crackdown has pushed a lot more men out of the workforce.
👨⚕️ It would seem like a no-brainer for more men to move into health care. But some are reluctant to take jobs that can be seen as "women's work."
- Economist Richard Reeves, founder of the advocacy group American Institute for Boys and Men, tells Axios: "Men are missing out in the labor market because there are too many 'no-go' zones for male workers."
There's long been a push to get more women into STEM (science, technology, engineering and math) careers.
- But there's been less of an effort to get more men into what Reeves calls "HEAL" professions: jobs in health and education that require literacy.
👨🏫 More men in such roles could address labor shortages and gender gaps — and get more guys working again, Reeves says.
2. 💰 New estimate of Trump worth

President Trump is worth $6.5 billion, per Forbes' new estimate of his assets and dealings.
📈 Forbes writes: "Trump added $1.4 billion over the past year, leveraging the presidency for profit."
- "His cryptocurrency ventures, stalled out before the election, exploded after his victory, adding an estimated $1.8 billion to his fortune overall."
🧑⚖️ A big legal win killed off a $500 million legal judgment against Trump, while his licensing business rose $400 million "as foreign developers clamored to do business with an American president."
- Yes, but: The value of Trump's shares in Truth Social's parent company fell $1.3 billion last year, stopping his net worth from climbing even higher.
Reality check: Only the president himself — and maybe an accountant or two — truly knows what's in his personal coffers.
3. ⚡️ Catch me up

- 📱 California Gov. Gavin Newsom called former President Obama before launching his Prop 50 redistricting push, expecting a warning to play it safe. Instead, he was told to push ahead, he tells Alex Thompson on a new episode of The Axios Show. Go deeper ... Watch the episode ... Subscribe on YouTube.
- 🪧 Organizers are planning more than 3,000 events nationwide tomorrow for the No Kings Day of Nonviolent Action, the latest in a series of protests against the Trump administration. Go deeper.
- 📺 "Today" co-anchor Savannah Guthrie is returning to the show on April 6 as the search for her missing 84-year-old mother continues. She tells NBC's Hoda Kotb in a new interview: "I don't know if I can do it. I don't know if I'll belong anymore, but I would like to try." Watch.
4. 🌸 1 fun thing: Stumpy reborn

Baby cherry trees grown from Stumpy plant material are flowering for the first time, the National Arboretum says.
- Stumpy was a beloved tree in Washington's Tidal Basin known for being, well, stumpy.
- It was removed two years ago as part of a seawall restoration.

🌲 The National Arboretum said in a statement: "The new trees are healthy and thriving and have put on substantial growth since forming their own root systems."
- "This spring, the trees reached the pinnacle achievement for the D.C. cherry trees — they flowered for the first time."
The Stumpy offshoots will be "carefully maintained at the Arboretum" until they're ready for planting, possibly next spring.
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