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The Trump administration is marking Labor Day, pointing to the fall in gas prices and rising wages, casting its economic record as a win for American workers.
“What we are seeing is certainly stable, but we are seeing real wages. We are watching blue-colors Wage wages 1.4%, consumer confidence is increasing, “Labor Secretary Lori Chavez-Demer said on” Fox and Friends “on Monday.
It makes the headlines that the lowest labor day since 2020 indicates gas prices and the same weight S&P 500 Logging According to market data, “The longest win streak in years.”
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President Donald Trump pumped his fist as he walks to Air Force One in Andrews, United Aadhaar in Maryland on 7 February 2025. (Through Roberto Schmidt/AFP Getty Image)
Although the Trump administration is confident that it determines the platform for such positive results through deragulation and increased energy production, not everyone agrees for this reason.
In a CNN report on gas prices including CIBC Private Wealth Senior Energy Trader Rebecca Babin, analysts indicated the desire to increase production as a major factor of Saudi Arabia -led OPEC.
At the same time, the White House is pushing its “America First” vision, preparing gas prices, increasing wages, and consumer belief that the workers are better led by President Donald Trump.
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According to reports, American drivers have been looking at the lowest labor day gas prices since 2020. (Roberto Machao Noa/Litericate) through Getty Image
During his “Fox and Friends” appearance, Chavez-Dimer focused as proof of Trump’s apprenticeship, Pail grant expansion, and long-term investment in labor force on tax relief.
He said, “He is recovering the Labor Day through America’s first policies, so we are seeing a fall in prices,” he said, this year he postponed the package provisions signed in the law. “There is no tax on tips, no tax on overtime, no tax on social security. Each of those decisions was for American worker.”
Shavez-Demer continues his 50-state tour in the US, which is appearing in a Labor Day Parade in Pennsylvania on Monday to celebrate the Firsthand.
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But beyond the national data points and market headlines, Chavez-Dimer argued that the economic point of view of the administration involves directly reaching the workers.
“The President wants a million active trainees, so I am talking to trades on the ground, talking to firefighters, talking to law enforcement,” he said. “I was only in New England on the swing of six-state in four days. Talking to the submarine Shipyard builders. People are excited about the investments that are making Presidents.”
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