U.S. Chamber of Commerce Labor Day Message: Be Worried

With a still-sluggish economy and ongoing concerns about U.S. government labor policies, the U.S. Chamber of Commerce's economic and workplace outlook suggested U.S. businesses have little to celebrate. Speaking Thursday at the Chamber's annual Labor Day briefing in Washington, D.C., Martin Regalia and Randy Johnson, senior vice presidents at the group, painted a gloomy picture for U.S. companies in the coming months. Businesses should expect an economy that shows only minimal improvement and brace for a more progressive labor agenda, they said. "It's very hard for me to be greatly optimistic on this Labor Day [that] we're going to be able to employ the people in the future that we used to employ in the past," said Regalia, who serves as the Chamber's chief economist, "and be able to provide the people in the future the kind of increases in the standard of living they have become accustomed to over the last decade." Affiliate publication Corporate Counsel has more.

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