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Denis McDonough Photo: Brendan Smialowski / AP

Denis McDonough, former chief of staff to President Obama, has a new task: Getting more Americans a job in the modern workforce. McDonough has been tapped to chair Rework America, a Markle Foundation initiative. Why it matters: Half of adults living in distressed zip codes are trying to find gainful employment in the modern economy armed with only a high school education at best."Many workers have the skills employers are looking for to fill open positions, but don't know it because too many job listings are written in a way that excludes qualified job seekers rather than attracting them. They use credentials like a four-year degree as a proxy instead of listing the actual skills needed to work a job – which is a problem, since nearly seven in 10 Americans don't have a four-year degree but many have the relevant skills." — Denis McDonoughBig tech on board: Companies involved in the effort include Siemens USA, Microsoft, IBM, Princeton University, Hearsay Systems and Coursera.

Go deeper

35 mins ago - Health

U.S. surpasses 25 million COVID cases

A mass COVID-19 vaccination site at Dodger Stadium on Jan. 22 in Los Angeles, California. Photo: Mario Tama/Getty Images

The U.S has confirmed more than 25 million coronavirus cases, per Johns Hopkins data updated on Sunday.

The big picture: President Biden has said he expects the country's death toll to exceed 500,000 people by next month, as the rate of deaths due to the virus continues to escalate.

GOP implosion: Trump threats, payback

Spotted last week on a work van in Evansville, Ind. Photo: Sam Owens/The Evansville Courier & Press via Reuters

The GOP is getting torn apart by a spreading revolt against party leaders for failing to stand up for former President Trump and punish his critics.

Why it matters: Republican leaders suffered a nightmarish two months in Washington. Outside the nation’s capital, it's even worse.

Erica Pandey, author of @Work
5 hours ago - Economy & Business

The limits of Biden's plan to cancel student debt

Data: New York Fed Consumer Credit Panel/Equifax; Chart: Axios Visuals

There’s a growing consensus among Americans who want President Biden to cancel student debt — but addressing the ballooning debt burden is much more complicated than it seems.

Why it matters: Student debt is stopping millions of Americans from buying homes, buying cars and starting families. And the crisis is rapidly getting worse.