The White House commemorated Labor Day this Monday, highlighting job and wage growth. These positive indicators are attributed to President Donald Trump's economic policies, which focus on benefiting American workers.
"While Americans celebrate Labor Day across the country, President Trump stands as the defender of the American worker," the government stated in a morning press release, citing labor data showing continued private sector job creation and wage growth outpacing inflation.
The Republican administration noted that, since Trump took office in January, the private sector has created around 500,000 nonfarm jobs. In addition, public sector employment has decreased due to cuts and the use of the chainsaw within the federal government.
Trump celebrated Labor Day in the U.S. by highlighting his economic policies | La Derecha Diario
More jobs have been created for the American population.
In its statement, the White House pointed out a contrast: while approximately 2.4 million jobs have been created for U.S.-born workers over the past six months, employment among foreign-born workers decreased during that same period as a result of enforcing and applying immigration laws.
"President Trump is overseeing a private sector boom," the statement reads, highlighting that small business confidence has reached its highest level in five months, while wages continue to grow faster than consumer prices.
Indeed, the average hourly wage increased by 3.9% in July compared to the previous year. Manual workers, for example, experienced real wage growth of 1.7% in the last year during the first five months of the Trump administration, a figure that represents the best start for a U.S. presidency since the late 1960s.
Trump celebrated Labor Day in the U.S. by highlighting his economic policies | La Derecha Diario
The keys to Trump's economic success.
With Biden, real wages fell below inflation for 26 consecutive months. However, since Trump returned to the presidency, statistics indicate that these wages have grown every month.
The government attributes these advances to its tariff policy, regulatory reforms that reduce hiring costs for companies, and immigration policies designed to prioritize American workers.