The Center for American Progress, which describes itself as a progressive, nonpartisan educational institute, says on its website about the Senate’s immigration legislation S.744, “Moreover, given that the CBO determined that unemployment would not rise as immigration reform increased the labor force, this significant economic growth would create millions of new jobs all across the country.” (http://www.americanprogress.org/issues/immigration/news/2013/06/21/67514/the-6-key-takeaways-from-the-cbo-cost-estimate-of-s-744/)
The CBO report, “The Economic Impact of S.744…” says on p.4, “In sum, relative to current law, enacting S.744 would: …Slightly raise the unemployment rate through 2020,” (http://www.cbo.gov/sites/default/files/cbofiles/attachments/44346-Immigration.pdf)
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HAHAHA!
This is who I believe
EPI analysis finds no shortage of STEM workers in the United States
April 24, 2013
In a new EPI paper, Hal Salzman of Rutgers, Daniel Kuehn of American University and B. Lindsay Lowell of Georgetown University find little evidence to support expansion of high-skill guestworker programs as proposed in the immigration bill being debated in the Senate. Contrary to many industry claims, the study finds that U.S. colleges and universities provide an ample supply of highly qualified science, technology, engineering and math (STEM) graduates.
In Guestworkers in the high-skill U.S. labor market, the authors examine the IT labor market, guestworker flows and the STEM pipeline, and conclude that the United States has more than a sufficient supply of STEM workers available.
Key findings include:
Guestworkers may be filling as many as half of all new IT jobs each year
IT workers earn the same today as they did, generally, 14 years ago
Currently, only one of every two STEM college graduates is hired into a STEM job each year
Policies that expand the supply of guestworkers will discourage U.S. students from going into STEM, and into IT in particular
“The debate over guestworker programs is largely based on anecdotal evidence and testimonials from employers, rather than solid evidence,” said Salzman. “Our examination shows that the STEM shortage in the United States is largely overblown. Guestworker programs are in need of reform, but any changes should make sure that guestworkers are not lower-paid substitutes for domestic workers.”
Despite a steady supply of U.S. STEM graduates, guestworkers make up a large and growing portion of the workforce, specifically in information technology occupations and industries. IT employers look to guestworker programs as a source of labor that is plentiful even at wages that appear to be too low to attract large numbers of the best and brightest domestic students.
Salzman is a professor in the E.J. Bloustein School of Planning & Public Policy and Heldrich Center for Workforce Development at Rutgers, The State University of New Jersey. Lowell is Director of Policy Studies at the Institute for the Study of International Migration, Georgetown University and Kuehn is a doctoral candidate in American University’s Department of Economics.
http://www.epi.org/press/epi-analysis-finds-shortage-stem-workers/
Good job.
The thing to remember is that for the past three years, long BEFORE this became an issue, every economist worth their paycheck was saying the exact same thing. Which is, the long term trends for unemployment are not good. That 7% may be the “new normal” when it comes to the unemployment rate. EVERY single poll of boomers shows the same thing. That most will either need or will want to work past 65. Assuming they will retire is contradicted by massive evidence otherwise.
We have outsourced millions of jobs and technology has replaced many others. But it’s never enough for business. They want to flood the country with more workers to drive wages down further.
Any organization like the Center for American Progress that works to spread the propaganda that the average citizen will benefit from allowing in masses of workers is nothing but a stooge for business interests. They are campaigning for the further destruction of the American middle class.
And Almost All the New Jobs to getingt Us to a U3 7.4% Unemployement Rate
Are like hamburger flipping and P/T at like $11/hr avg with no benefits.
From 2006-2010 we eliminated 150K American engineering jobs, that says it all.
150k job?????that is a very small percentage of the population……….$11 is awesome compared to other States where they pay 7 or an hour for burger flipping………