in my opinion is Coyote Gulch. Bring plenty of water and snacks/lunch. You can do a loop hike on this canyon fairly easily, but you will need to hire a shuttle to your entry point after dropping your vehicle at your exit location. Shuttles are easily arranged in Escalante. Check at the outfitter store in town -- they also have great pizza and microbrews.
I would also take the time to drive to Boulder from Escalante. It's a pretty short drive, but it traverses a a narrow ridge with steep canyon drop-offs on each side. The views and drama as you cross that ridge are mind-boggling.
Be safe while hiking. Never jump down from a drop-off that you can't easily climb back up -- you may end up stuck between that drop-off and another sheer drop-off down canyon that you absolutely cannot descend. And stay hydrated. There is also some poison ivy in patches that you need to be aware of at spots -- know what it looks like, watch for and avoid it. Finally, if you hear thunder nearby or in the distance, best to get to high ground. Labor Day is in the tail end of the monsoon (flash flood) season. You don't want to experience one of those.
Otherwise, have fun and enjoy. Don't read too much into the safety precautions I mentioned -- as long as you are alert about those few points you will be safe and have a magical visit. It really is magical country.
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