IMPORTING THIRD-WORLDERS TO TAKE OUR JOBS, AND KEEPING THE BORDERS OPEN WITH
NARCOMEX FOR HORDES MORE ILLEGALS IS ALL ABOUT KEEPIN WAGES DEPRESSED SO THE
POLITICIANS WILL ARE SERVICING THEIR CORPORATE PAYMASTERS WITH DEPRESSED WAGES!
Monday, April 20, 2009
And compelling new evidence that H-1B visas for foreign workers lower the pay of information technology workers in this country. Critics say the report, by NYU’s Stern School of Business and Pennsylvania’s Wharton School, proves that corporate elites are importing cheap overseas labor simply to lower the wages of American workers. We’ll have a special report.
By Morgan Lee
Friday, October 29, 2010 at 10:46 p.m.
Signs On San Diego
Immigrants have gained more than 600,000 jobs since the official end of the Great Recession in June 2009, according to a newly released study.
Native-born workers fared far worse, shedding 1.5 million jobs, according to an analysis by the Pew Hispanic Center of U.S. Census Bureau and Department of Labor data.
Foreign-born workers picked up 656,000 jobs over the 12-month period, driving down that population's unemployment rate half a point to 8.7 percent. Immigrant workers make up 15.7 percent of the labor force.
The gains, however, were not nearly enough to make up for 1.1 million jobs lost among immigrants from second-quarter 2008 through second-quarter 2009. And immigrants experienced a sharp decline in median weekly earnings -- down 4.5 percent., compared to a loss of less than 1 percent for the native born.
"The unemployment rate for immigrants is still more than double the rate prior to the recession when it stood at 4.0 percent in the second quarter of 2007," the study said.
Released on Friday, the report was not able to separately identify illegal immigrants because that status was not recorded in the source data. It found that Hispanic immigrants experienced the largest drop in earnings of all ethnic and racial groups.
The report focused on the period from the second quarter of 2008 to the second quarter of 2009, when most of the job losses during the recession occurred, and the subsequent 12 months that marked the first year of recovery from the recession.
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The danger, as Washington
Post economics columnist Robert Samuelson argues, is that of “importing
poverty” in the form of a new underclass—a permanent group of working poor.
“We could cut unemployment in half simply by reclaiming the jobs
taken by illegal workers,” said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus.
“President Obama is on the wrong side of the American people on immigration.
The president should support policies that help citizens and legal immigrants
find the jobs they need and deserve rather than fail to enforce immigration
laws.”
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“Obama’s
rejection of any serious jobs program is part of a conscious class war policy.
Two years after the financial crisis and the multi-trillion dollar bailout of
the banks, the administration is spearheading a campaign by corporations to
sharply increase the exploitation of the working class, using the “new normal”
of mass unemployment to force workers to accept lower wages, longer hours, and
more brutal working conditions.” WSWS.ORG
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“The principal beneficiaries of our current
immigration policy are affluent Americans who hire immigrants at substandard
wages for low-end work. Harvard economist George Borjas estimates that American
workers lose $190 billion annually in depressed wages caused by the constant
flooding of the labor market at the low-wage end.” Christian Science Monitor
MOST OF THE FORTUNE 500 ARE GENEROUS DONORS TO LA RAZA – THE MEXICAN
FASCIST POLITICAL PARTY. THESE FIGURES ARE DATED. CNN CALCULATES THAT WAGES ARE
DEPRESSED $300 - $400 BILLION PER YEAR!
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