WEEKLY ADDRESS VIDEO: Building Upon the Legacy of Labor Day
buzzz worthy. . . This Labor Day, the employment situation on America is leaves room for great improvement. White jobs are on the rise, wage growth is slow. The U.S. Department of Labor and Statistics has summarized the employment situation coming out of the month of August as follows: The economy added 151,000 jobs in August, as the unemployment rate and labor force participation both held steady. The economy added 151,000 jobs in August following robust job growth in both June and July as the unemployment rate held steady at 4.9 percent. U.S. businesses have now added 15.1 million jobs since early 2010, and the longest streak of total job growth on record continued in August. So far in 2016, job growth has averaged a solid 182,000 jobs a month, well above the pace of about 80,000 jobs a month needed to maintain a low and stable unemployment rate, and hourly earnings for private-sector workers have increased at an annual rate of 2.8 percent, much faster than...