Friday, December 19, 2014

Cheap Labor, Not US Labor: ObozoConomy

Yah, all that 'pride to be American' is nice. 

Unless you have to pay bills.

..According to BLS data, in November of 2007 there were 23.1 million foreign workers in the United States with jobs. Today, the BLS reports, there are 25.1 million foreign workers in the United States with jobs – meaning 2 million jobs, on net, have gone to foreign workers since the recession. By contrast, BLS reports there were 124 million American-born workers with jobs in November of 2007 but only 122.5 million American-born workers with jobs today – a decline of 1.5 million for American workers.

Think about this: despite American workers accounting for 70 percent of all population growth among adults, they received, on net, none of the post-recession jobs gains. As a result, there are 11 million more American workers outside the labor force today than 7 years ago....US Senate budget committee quoted at PowerLine

By and large, this is not a question of abilities; very few of the LEGAL immigrants are MD's, RN's, or astrophysicists-cum-software engineers.

And it is certain that none of the ILLEGALS are.

Maybe Pope Francis and the US Bishops have a solution?

????????????

I didn't think so.

2 comments:

  1. Apparently you have totally neglected to take into account the baby boomers who are reaching retirement age at the rate of 10,000 a DAY or 3,650,000 a year. The seven years you mention include at least 3 year during which baby boomers have been reaching retirement age at the rate of 10,000 per month. That's 11,000,000 in three years, which accounts for your 11,000,000 more people outside the workforce.

    ReplyDelete
  2. Apparently you have totally neglected actual, tested, measures of your "theory."

    http://politicalmathblog.com/?p=1764

    Try again someday.

    ReplyDelete