Labor Day became a national holiday 130 years ago to honor workers' contributions to the economy and American culture.
Labor Day became a national holiday 130 years ago to honor workers' contributions to the economy and American culture. It figures most prominently in Presidential Election years, and it marks the unofficial beginning of the campaign run-up to election day.California's unemployment rate has slowly increased from 4.6% on Labor Day of 2023 to 5.2% on Labor Day 2024. "At 5.
"Those sectors have gained little," said Bernick. "California, we have about 20% of the nation's claims even though it has less than 13% of the nation's workforce," said the employment lawyer.Technology sector layoffs, which were expected to slow down, have not slowed. Jobs in Artificial Intelligence have yet to explode. Chip manufacturing will likely not have a job boom. "It’s becoming a highly automated industry," said Bernick.
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