The numbers are up and down, and heading in the direction they should be.
Hiring in the United States increased in August with unemployment figures dropping from 10.2% in July to 8.4% during that month, according to several national news organizations. This is a significant decrease of 15% from peak novel coronavirus effect last spring.
The August unemployment was expected to be 9.8%, so the numbers are decreasing and more quickly than predicted.
The majority of change occurred in retail, education, health and government employment sectors.
In total, the economy added 1.37 million jobs in August.
The United States isn’t where it was at the start of the year, but it’s in a better place in regard to employment than it has been since the COVID-19 pandemic began to affect the economy.
On that note, the nation will observe Labor Day Monday, making for a three-day weekend for much of the population.
The federal holiday recognizes the labor movement and its contribution.
For those who have and will labor, such a holiday is much appreciated. It’s very much a people’s holiday, with the honor beginning about 1885 at the local government level.
State governments quickly adopted the idea, with Oregon in the lead. Twenty-three states followed before Congress made the first Monday in September the official federal holiday.
The day is meant to acknowledge organized labor and its social and economic achievements.
Over the years, Labor Day has become a day with parades, picnics, barbecues and campouts. It’s also unofficially the last hurrah for students and their families before the start of a new school year and the beginning of fall activities.
It’s also a work day for some Americans. But, nevertheless, it’s a day to honor them, too.
On Monday Americans will remember that it took labor to build this country and it takes labor to maintain it.
This is Labor’s day. It’s earned it.