Economists had been expecting the economy to add nearly 1 million jobs last month but it only added 266,000. This speed bump in the U.S. economic recovery could change the political debate over whether or not to spend trillions of dollars on infrastructure and social services.
Axios Re:Cap is joined by Axios chief financial correspondent Felix Salmon and Axios political reporter Sarah Mucha to dig into what the jobs report says about the U.S. economy and what it means for President Biden’s plans.
Tensions between pro-Trump conservatives and House GOP Conference Chair Liz Cheney heated up this week. And the GOP threatened Facebook after it upheld former president Trump’s suspension from the platform. Axios' Margaret Talev is here to tell us about the wild week in the Republican Party.
Plus, the U.S. and Mexico talk immigration.
And, local businesses suffer as tech workers stay home.
The idea of banning menthols was first floated in 2017 by former FDA commissioner Scott Gottlieb. But around 85% of Black smokers prefer menthols, largely due to racially targeted marketing, and this has led to concerns about how enforcement could disproportionately impact Black Americans.
Axios Re:Cap digs into the history of this proposed ban, what enforcement could look like, and when it might go into effect with Gottlieb.
Prices are going up for certain areas of the economy, but Axios' Felix Salmon says it's mostly the lingering effects of the quick and sudden shutdown of the economy in March 2020.
Plus, getting COVID vaccines and aid where they’re needed most.
