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Economic Preview: American workers have much to celebrate this Labor Day, but the job isn’t finished

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American workers – the Lilliputians of the economy – have helped the U.S. recovery from the Great Depression. But there’s more work to be done.

Celebrating Labor Day in the U.S. hasn’t been easy in the wake of the Great Recession, but American workers have 17 million good reasons to pop the champagne bottle this year.

Just a few days before the holiday, the government said the U.S. added 156,000 new jobs in August, bringing the total number of people who’ve found jobs in the past seven years to a whopping 17 million. The unemployment rate stood at 4.4%, just a touch above a 16-year low.

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