{"id":21209,"date":"2019-03-08T17:26:21","date_gmt":"2019-03-08T22:26:21","guid":{"rendered":"http:\/\/live-immigrationreform.pantheonsite.io\/?p=21209"},"modified":"2019-03-08T17:26:23","modified_gmt":"2019-03-08T22:26:23","slug":"more-foreign-workers-would-hamper-wage-growth-immigrationreform-com","status":"publish","type":"post","link":"https:\/\/www.immigrationreform.com\/2019\/03\/08\/more-foreign-workers-would-hamper-wage-growth-immigrationreform-com\/","title":{"rendered":"More Foreign Workers Would Hamper Wage Growth"},"content":{"rendered":"\n

The February 2019 job numbers released by the Bureau of Labor Statistics (BLS) today contain both bad and good news. Many are disappointed that the economy added only 20,000 new jobs last month. However, as Breitbart\u2019s John Carney points out<\/a>, \u201cFebruary\u2019s number is so low and such a deep departure from the prior months that many market watchers expect it will be revised upward.\u201d <\/p>\n\n\n\n

On the positive side, unemployment fell<\/a> from 4 percent in January to 3.8 percent. <\/p>\n\n\n\n

What is even better news \u2013 especially from the perspective of the average American \u2013 is that wages are rising<\/a>. According to the BLS: \u201cIn February, average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents to $27.66, following a 2-cent gain in January. Over the year, average hourly earnings have increased by 3.4 percent.\u201d <\/p>\n\n\n\n

Even the leftist website Vox admitted<\/a> that \u201cthat\u2019s much faster than they\u2019ve been growing since the recession started in 2007,\u201d while simultaneously complaining of \u201csky-high payouts corporate CEOs are getting.\u201d <\/p>\n\n\n\n

Vox adds that \u201cbecause gas prices have been dropping\ntoo, the cost of living is going down, so workers are feeling more of a\nfinancial cushion.\u201d<\/p>\n\n\n\n

Rising wages and a declining cost of living are good\nnews. We should pursue policies that will keep this positive trend going.<\/p>\n\n\n\n

Unfortunately, the notion that the U.S. \u201cneeds more\nforeign workers\u201d \u2013 parroted by many business interests and pro-open-borders\nlobbying organizations and think-tanks (and, sadly, also the president) \u2013 threatens\nto undermine rising wages.<\/p>\n\n\n\n

This is a simple matter of supply and demand (i.e.\nEconomics 101). The labor market is increasingly tightening. Therefore, it\nmakes sense that wages are climbing. That is what the upward mobility element\nof the \u201cAmerican Dream\u201d is all about, after all. <\/p>\n\n\n\n

Let us not jeopardize this by importing more foreign labor to compete with Americans. Those pushing the mantra of the \u201clabor shortage\u201d crisis \u2013 which is a myth<\/a> that has been repeated ad nauseam <\/em>for decades \u2013 should first consider investing in Americans that have been left behind. Otherwise, American society will ultimately pay the price of depressed or stagnant wages, urban overcrowding, supporting the relatives brought in by foreign workers, and other negative externalities. \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

The February 2019 job numbers released by the Bureau of Labor Statistics (BLS) today contain both bad and good news. Many are disappointed that the economy added only 20,000 new jobs last month. However, as Breitbart\u2019s John Carney points out, \u201cFebruary\u2019s number is so low and such a deep departure from the prior months that<\/p>\n

Read More<\/a><\/div>\n","protected":false},"author":76,"featured_media":16970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[7],"tags":[1524,167,880],"yst_prominent_words":[1938,4823,4819,4826,4820,4825,2181,2358,4829,4821,4242,2411,2491,2003,4828,4824,4822,4827,4005,1937],"_links":{"self":[{"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/posts\/21209"}],"collection":[{"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/comments?post=21209"}],"version-history":[{"count":1,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/posts\/21209\/revisions"}],"predecessor-version":[{"id":21210,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/posts\/21209\/revisions\/21210"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/media\/16970"}],"wp:attachment":[{"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/media?parent=21209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/categories?post=21209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/tags?post=21209"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.immigrationreform.com\/wp-json\/wp\/v2\/yst_prominent_words?post=21209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}