Robots, outsourcing and the Internet are elimination jobs by the millions. |
Republicrat Whores
- Technology is abolishing middle class jobs by the millions. But both parties have whored themselves to open borders Wall Street Oligarchs to import an endless flow of more workers to drive down wages.
(Breitbart) - The Department of Homeland Security has released data showing how former President Barack Obama gave work permits to roughly 2.3 million migrants for U.S. jobs in 2016.
The award of 2.3 million work permits was added to the 2016 inflow of roughly 1.1 million new legal immigrants and roughly 500,000 outsourcing visa workers, such as the H-1B white-collar workers. The combined inflow delivered 4 million legal foreign workers to Americans’ economy in 2016, just as 4 million young Americans turned 18 and began looking for decently paid jobs.
From 2012 to 2016, Obama boosted this little-recognized work-permit inflow by 73 percent, from 1.3 million to up 2.3 million.
The foreign inflow has a large impact on blue-collar and white-collar Americans. For example, one Ohio-born American software expert told Breitbart News that:
I have lost my job as part of a mass layoff four times. Three times were directly due to outsourcing and the other was because my security clearance did not come through … because of my finances over a finite period of time … [The] bank foreclosed on my house of ten years in the neighborhood where I grew up, near family. Bank would not work with me. House was sold at auction below market value…. Found job in NJ and stayed in a motel room for about six months until after Hurricane Sandy. We were kicked out when the demand for motel rooms increased significantly … I could not afford to keep my job anyway. My expenses exceeded my salary.
The expert has a master’s degree in computer engineering and an 11-year-old daughter. She declined to have her identity revealed because she fears being blacklisted.
Annually providing green cards to roughly 1 million legal immigrants, 90 percent of whom will enter the workforce. The current population of legal immigrants in the United States is roughly 30 million.
Providing work-permits to a wide array of temporary outsourcing workers, which creates a resident army of roughly 1.1 million outsourcing workers. That population includes at least 461,000 H-1B white collar professionals, 95,000 H-2B blue collar seasonal workers, 76,000 H-2A agricultural workers, 215,000 J-1 seasonal workers and 311,000 L-1 white-collar and blue-collar workers, according to the Economic Policy Institute.Read More . . . .
Real Unemployment is 22.1%
The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
Read More: Shadowstats.com
Read More: Shadowstats.com
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freeway to extintion of american liberties
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