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this Trump administration Tagging Labor Day by pointing out the decline in gasoline prices and rising wages is a victory for American workers.
“What we’re seeing is that unemployment is certainly stable, but we’re seeing real wages. We’re seeing blue collars Wages rise “Consumer confidence reaches 1.4%” Labor Secretary Lori Chavez-Deremer said on Fox & Friends on Monday.
This is because headlines point to the lowest price of Labor Day gasoline since 2020, while the S&P 500 is of the same weight Record it According to market data, “the longest winning streak in years.”
Donald Trump waved his fist as he boarded Air Force One on February 7, 2025 at the joint base in Andrews, Maryland. (Roberto Schmidt/AFP via Getty Images)
While the Trump administration is confident that it has laid the foundation for such a positive outcome through deregulation and increased energy production, not everyone agrees with the cause.
Analysts in CNN’s report on gasoline prices, including CIBC’s senior energy trader Rebecca Babin pointed out that Saudi Arabia-led OPEC is willing to increase production as a key factor.
Meanwhile, the White House is pushing its “America First” vision, setting gasoline prices, wage growth and consumer confidence to prove that workers will be better under President Donald Trump.
Trump touts the “worker-first” economy on Labor Day as the Internet speculates his whereabouts
Labor Day weather prices for U.S. drivers are reportedly the lowest since 2020. (Roberto Machado Noa/Lightrocket via Getty Images)
During herFox and friendsChavez-Deremer’s appearance emphasizes Trump’s expansion of apprenticeship, Pell’s grants and tax relief, which are evidence of long-term investment in the workforce.
“He is taking Labor Day back through the first policy in the United States, so that’s why we’re seeing prices drop,” she said. Expenditure package regulations He signed the law this year. “There is no tax on tips, no tax on overtime, no tax on social security. Each of these decisions is for American workers.”
Chavez-Deremer will continue to tour 50 states across the United States, making an appearance Monday at the Labor Day parade in Pennsylvania to celebrate American workers in person.
Opinion: Labor Day celebrations: How President Trump creates a better future for American workers
But, in addition to national data points and market headlines, Chavez-Deremer believes that the government’s economic vision also involves direct attracting workers.
“The president wanted a million active apprentices, so I was talking to the deal, talking to firefighters, talking to law enforcement, talking to law enforcement,” she said. “I just swung the six countries in New England within four days. Talk to the undersea shipyard builders. People are excited about the investment the president has made.”
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