An August jobs report showed the U.S. adding 142,000 jobs last month, and the national unemployment rate falling slightly to 4.2%.
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As the nation heads into an important national election, the mediocre jobs report will not help either side. As neutral as the report was, the 142,000 figure is still a respectable number, showing that the nation’s economy is still growing steadily — though at a slower rate. Consumers, the key driver of the economy, are continuing to spend money, even as they complain about inflation. And corporate profits remain near record levels. A recession does not appear to be close.
“Unions are such a powerful force in decreasing racial and gender wage gaps,” she said. “When we see that unions do better, we also see that Black Americans do better.” “We know that there’s really nothing more important we can do to make sure that the jobs that are being created are leading to widely shared opportunity and that communities that have been left behind in the past are not left behind this time,” Su insisted.
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