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Labor Day 2026: Are American Workers Better Off Than When Trump Took Office?
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Labor Day 2026: Are American Workers Better Off Than When Trump Took Office?
WASHINGTON DC – American workers are earning bigger paychecks than when President Donald Trump returned to the White House in January 2025. But after accounting for inflation, much of that increase has disappeared. Energy costs have risen sharply. Food and housing cost more. Mortgage rates remain near 7 percent. And in Michigan, the labor force has shrunk significantly during the past year. Yet there is another side to this economy. Unemployment…
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