This year we celebrate nation's tribute to labor, the 128th official Labor Day. Where are we really on Labor Day 2022?
"Compared to Labor Day a year ago, we've recovered nearly all of the jobs we lost during the pandemic. We have very, very strong job growth here in California over the past year. The unemployment rate is near the lowest rate we've seen in the last 50 years," said Employment Lawyer and Former EDD Director Michael Bernick.This year we celebrate nation's tribute to the 128th official Labor Day. On this Labor Day, about 157.5 million Americans have jobs.
But, Bernick siad this is also the strangest Labor Day he has seen in his 43 years in employment law. As of Monday, there are a record 11.2 million job openings, a near reord number, with not nearly enough Americans willing to take them. "Unionization in the public sector In California is high. In the private sector it remains very modest," said Bernick.
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