Apr 30, 2019

The changing face of America's job market

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Data: USAFacts; Chart: Harry Stevens/Axios

Total U.S. GDP grew 15.5% between 2007 and 2017, from $16.87 trillion to $19.49 trillion, and certain professions saw major growth while others shrank, a new survey of government data by USAFacts shows.

What's happening: The real estate sector became the largest industry in the country in terms of value added to GDP during that 10-year period, growing 22.1%.

  • Two industries saw their share of the GDP fall: mining, which dropped 26.7% from $366 billion to $269 billion, and construction, which fell 6.4% from $835 billion to $781 billion.

The big picture: In addition to changes in the way Americans earn money, the survey also noted some profound shifts in American households.

  • More people are living alone.
  • A greater share of the population is divorced.
  • There are more single-parent families and households without children.

By the numbers: All of this is leading to a shrinking average household size, meaning fewer wage earners per household, and a smaller median household income.

  • Families and individuals in the middle 20% of income make 9% less in wages and salaries than they did in 2000.
  • That is largely being made up for by government assistance, as those families received 59% more in transfers from the government.
  • This group also paid 12% less in taxes.

Go deeper: "Jobs of the future” surged in 2018

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 a.m. ET: 722,435 — Total deaths: 33,997 — Total recoveries: 151,991.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 1 a.m.. ET: 142,502 — Total deaths: 2,506 — Total recoveries: 4,856.
  3. Federal government latest: President Trump says his administration will extend its "15 Days to Slow the Spread" guidelines until April 30.
  4. Public health updates: Fauci says 100,000 to 200,000 Americans could die from virus.
  5. State updates: Louisiana governor says state is on track to exceed ventilator capacity by end of this week — Cuomo says Trump's mandatory quarantine comments "panicked" some people into fleeing New York
  6. World updates: Italy on Sunday reports 756 new deaths, bringing its total 10,779. Spain reports almost 840 dead, another new daily record that bring its total to over 6,500.
  7. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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U.S. coronavirus updates: Infections number tops 140,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

The novel coronavirus has now infected over 142,000 people in the U.S. — more than any other country in the world, per Johns Hopkins data.

The big picture: COVID-19 had killed over 2,400 people in the U.S. by Sunday night. That's far fewer than in Italy, where over 10,000 people have died — accounting for a third of the global death toll. The number of people who've recovered from the virus in the U.S. exceeded 2,600 Sunday evening.

Go deeperArrowUpdated 3 hours ago - Health

World coronavirus updates: Cases surge past 720,000

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

There are now more than 720,000 confirmed cases of the coronavirus around the world, according to data from Johns Hopkins. The virus has now killed more than 33,000 people — with Italy alone reporting over 10,000 deaths.

The big picture: Governments around the world have stepped up public health and economic measures to stop the spread of the virus and soften the financial impact. In the U.S., now the site of the largest outbreak in the world, President Trump said Sunday that his administration will extend its "15 Days to Slow the Spread" guidelines until April 30.

Go deeperArrowUpdated 5 hours ago - Health