President Joe Biden is heading to Philadelphia for the Tri-State Labor Day Parade. The Democratic president is expected to speak Monday about the importance of unions in the United States and how the economy is recovering from the coronavirus pandemic.
President Joe Biden, who often says he's the most pro-union president in history, is heading to Philadelphia on Monday for the annual Tri-State Labor Day Parade.
The Democratic president is expected to speak about the importance of unions in the United States and how the economy is recovering from the crippling coronavirus pandemic. Labor Day, a holiday honoring workers, comes as the U.S. has added jobs and more people have begun looking for work, the most since January, all news Biden is eager to highlight as he seeks reelection in 2024.
"As we head into Labor Day, we ought to take a step back and take note of the fact that America is now in one of the strongest job-creating periods in our history," Biden said Friday from the Rose Garden, where he spoke after the news that America’s employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.Sign up for NBC Philadelphia newsletters.
Friday’s report from the Labor Department also showed that the unemployment rate rose from 3.5% to 3.8%, the highest level since February 2022 though still low by historical standards. But the rate rose for an encouraging reason: 736,000 people began looking for work last month, the most since January, and not all of them found jobs right away. Only people who are actively looking for a job are counted as unemployed.
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