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Data: U.S. Bureau of Labor Statistics via St. Louis Fed; Chart: Naema Ahmed/Axios

Sentence from a nightmare: 6.6 million Americans filed for unemployment last week, a decline from the previous week's 6.9 million.

The big picture: Over the past three weeks, 1 in 10 working-age adults filed for unemployment, Axios' Courtenay Brown notes.

Data: U.S. Bureau of Labor Statistics via St. Louis Fed; Chart: Andrew Witherspoon/Axios

Why it matters: We're not even close to understanding the long-term ramifications of America rocketing from sub-4% unemployment to what could be Depression levels in about a month.

  • This is just the first wave, since we don't know how many businesses will fail while waiting on reopening or bailouts.
  • Once the lockdowns end, we don't know how businesses will behave in a world where the next lockdown is just a new outbreak away.

But we do know:

  • More pain is on the way, and it will be felt with savage inequity.
  • We mustn't become numb to the scale of these numbers.
  • We each must play our role: If you're not an essential worker, that means staying home and avoiding group gatherings.

The bottom line: Now is the time to behave in ways that you can recount with pride for future generations.

  • What's next: President Trump is preparing to launch a second coronavirus task force focused on reviving the U.S. economy, driven in part by the overwhelming number of Americans who have filed for unemployment since the start of the pandemic, Axios' Alayna Treene reports.

Go deeper

Chart: Less than 0.1% of vaccinated Americans infected with COVID-19

Expand chart
Data: CDC; Chart: Danielle Alberti/Axios

Of the 164 million vaccinated Americans, less than 0.1% have been infected with the coronavirus, and 0.001% have died, according to data from the Centers for Disease Control and Prevention.

Why it matters: While "breakthrough cases" have been getting some media attention, the low numbers show that the pandemic is mostly a threat for the unvaccinated population.

Poll: Women of color highly motivated to vote

Voting rights activists, led by Congressional Black Caucus chair Joyce Beatty (D-Ohio), protest recent passage of voter restriction laws at Hart Senate Office Building on July 15, 2021. Photo: Alex Wong via Getty Images

Women of color turned out to vote at record rates in the 2020 election, with almost nine in 10 agreeing that the stakes were too high not to vote, according to a new poll.

Why it matters: The findings in the poll, conducted by The Harris Poll on behalf of a group of reproductive rights organizations, appear to confirm the highly-motivated voting bloc's emerging power.

Updated 4 hours ago - Sports

Olympics dashboard

Katie Ledecky in Tokyo. Photo: Ding Xu/Xinhua via Getty Images

🚨: Simone Biles won't compete in individual vault or uneven bars

🏊‍♀️: Katie Ledecky wins gold in women's 800m freestyle

🏊: Caeleb Dressel breaks world record in men's 100m butterfly, 3rd gold

🇬🇧: Britain wins gold in first-ever Olympic mixed 4x100m medley relay

💻: Japan tests teleporting games and "remote cheering"

🏳️‍⚧️: Axios at the Olympics: Games grapple with trans athletesTrans athletes see the Tokyo Games as a watershed moment

Go deeper: Full Axios coverage