The U.S. Conference of Catholic Bishops have offered a statement calling for a new social contract for workers:
This Labor Day we must seek to protect the life and dignity of each worker in a renewed and robust economy. Workers need to have a real voice and effective protections in economic life. The market, the state, and civil society, unions and employers all have roles to play and they must be exercised in creative and fruitful interrelationships. Private action and public policies that strengthen families and reduce poverty are needed. New jobs with just wages and benefits must be created so that all workers can express their dignity through the dignity of work and are able to fulfill God’s call to us all to be co-creators. A new social contract, which begins by honoring work and workers, must be forged that ultimately focuses on the common good of the entire human family.Their statement calls for stronger unions, policies that fight poverty, and efforts "to unleash the creative forces of men and women" in the private sector.
I won't say that I agree with all their statements / conclusions but their statement is thoughtful and offers many ideas that all people of faith should reflect on this Labor Day.
For additional information on faith and labor visit Interfaith Worker Justice.