IMO this is intended to try and save Obamacare.
He is going to whip up a populist frenzy, claiming that he’s “fixed” the economy but GRRRREEEEEDY employers just aren’t hiring. Then he’s going to point out that he has magnanimously granted them a reprieve on the Obamacare mandate, so they have no excuse for cutting anyone’s hours.
He is going to finish off with a veiled threat to any employers who cut hours, convert full-timers to part-time, or are not hiring quickly enough to suit him.
There will be no frenzy, Frankly, people are sick and tired of him.