Empowering workers and job creators this Labor Day
Labor Day is an opportunity to acknowledge and show appreciation for the contributions of the American workforce. Unfortunately, American workers don’t have much to celebrate this Labor Day. According to data from the Bureau of Labor Statistics, 1.2 million workers have been unemployed for 27 weeks or more. Some 5.2 million workers across the United States are “not in the labor force who currently want a job.” Real wages have decreased 4 percent since President Biden took office, overall prices are up over 16 percent, and interest rates are soaring. This is the reality families everywhere are faced with as the Biden administration touts “Bidenomics.” No wonder a recent CNN poll found the majority of Americans are feeling pessimistic about the economy.
09/07/2023 03:00 AM