Washington Post: Older Americans are returning to work
Vaccines, better working conditions and higher wages encourage older people to re-enter the workforce, undermining corporate demands for more migrants.
“The percentage of retirees returning to work has grown in recent months, reaching a pandemic high of 3.2% in March,” according to a May 5 statement. Washington Post article based on data from Indeed.com. the To post continued:
In interviews with nearly a dozen workers who recently “unretired,” many said they felt comfortable returning to work now that they had the coronavirus vaccine and reminders. Almost all said they had accepted jobs more suited to their needs, whether that meant being able to work remotely, travel less or set their own schedules.
The good news is caused by investor demand for additional workers, according to the article:
“It’s mostly a tight labor market story,” said [Nick] Indeed’s Bunker, who added that there was a similar rebound in people returning from retirement after the Great Recession. “For much of last year, the big question in the labor market was: where are all the workers? This year, we see them coming back.
Incentivizing absentee American workers back into the workforce is a political issue for corporate lobbyists.
Lobbyists tell U.S. lawmakers they should import more immigrants to ensure U.S. employers get enough American workers at the wages offered.
“The United States now has nearly double the number of open jobs that we have available workers,” said Neil Bradley, director of policy at the American Chamber of Commerce, in a press release. He continued:
Businesses tell us every day that labor shortages are their biggest challenge and that it is impacting the country’s ability to mitigate supply chain disruptions, rein in inflation and continue our economic recovery. It’s long overdue for Congress to act on solutions like modernizing our broken immigration system and helping to expand affordable child care options to help fill our 11.5 million open jobs.
The May 6 press release adds:
Labor force participation is now more than one percentage point lower than it was in February 2020. If we had the same level of participation today as in 2020, we would have over three million additional people looking for work to help fill the gap.
About 2.5 million older Americans have retired during the coronavirus pandemic. They made up nearly 60% of the roughly 4.2 million Americans who left the workforce for fear of disease – and a widespread dissociation of wages and working conditions.
Such poor wages and working conditions were particularly common in many low-wage businesses created since 1990 to exploit the federal government’s supply of cheap migrant labor, such as restaurant workers.
But the massive outflow of Americans burst the federal government’s post-1990 cheap labor bubble. This sudden drop in the supply of labor has forced managers to raise wages and improve working conditions in many companies – and to woo older workers as well.
“This is the first time I’ve seen retirees become a target population,” said Amanda Cage, president of the National Fund for Workforce Solutions. To post. “It’s very different from what we saw in the last recession, when older workers faced extreme discrimination in the labor market in ways they never quite recovered from.”
Overall, “employers hired nearly 1.7 million new workers in the first quarter, an average of 562,000 per month,” according to a May 6 report in Breitbart News. Some of these new workers are immigrants.
Business groups also say Congress should fight inflation by driving down Americans’ wages with cheap immigrant workers.
“Economists now fear that with the U.S. economy hitting full employment, without more workers, wage increases will push prices — and inflation — even higher,” a statement from American Immigration said. Council, which lobbies for more immigrant workers. The May 4 report continues:
While many jobs will be filled by people aging in the workforce, demographic trends suggest that in 2030 the labor market will still need more immigrant workers. As a smaller generation than previous ones, Gen Z, made up of those born after 1996, is likely to produce fewer US-born workers than baby boomers, who are leaving the workforce. The gap between this growing demand and the shrinking supply of U.S.-born workers means that more workers will have to come from overseas or these positions will remain unfilled.
Even President Joe Biden rejected this pay cut policy in his 2022 State of the Union address. He said:
We have the choice. One way to fight inflation is to drive down wages and make Americans poorer. I have a better plan to fight inflation. Cut your costs, not your wages. Make more cars and semiconductors in America. More infrastructure and innovation in America. More goods moving faster and cheaper in America. More jobs where you can make a good living in America. And, instead of relying on foreign supply chains, let’s do it in America.
However, Biden and his deputies are also reinflating the cheap labor bubble for companies by extracting many legal immigrants and visa workers – as well as at least a million asylum seekers and refugees. illegal migrants – from poor countries, such as Honduras and India.
For example, Alejandro Mayorkas, Biden’s pro-migration homeland security secretary, deported less than 6% of the roughly 1.2 million illegal migrants to the United States who were sent home by US courts.
Biden’s huge influx is expected to flood the US labor market and reduce pressure on employers to spend money on high salaries and workplace investments.
This immigration policy helps investors and businesses. The real value of American wages is falling, with wages rising less than 1% in March amid annual inflation of more than 5%.
Biden’s high immigration, low pay policy is a big departure from that of President Donald Trump. His low-immigration policies have forced companies to raise wages and invest in labor-saving technologies — such as work robots — that allow people to get paid more to do more work every day. .
Since at least 1990, the DC establishment has extracted tens of millions of migrants and visas from poor countries to serve as legal and illegal workers, temporary workers, consumers and tenants for various American investors and CEOs.
This economic strategy of Extraction Migration has no stopping point. It’s brutal for ordinary Americans because it shrinks their career opportunities, cuts their wages and salaries, increases their housing costs, and has driven at least ten million American men out of the labor force.
Extractive migration also distorts the economy and stunts Americans’ productivity, in part because it allows employers to use hunched labor instead of machines. Migration also reduces the political clout of voters, undermines employee rights in the workplace, and widens regional wealth gaps between the Democrats’ coastal states and the Republicans’ Heartland and southern states.
An economy based on extractive migration also alienates young people and radicalizes Americans’ democratic and compromise-promoting civic culture, as it allows wealthy elites to ignore desperate Americans at home. low of the society.
The policy is hidden behind a wide variety of excuses and explanations, such as the assertion that the United States is a “nation of immigrants” or that Americans have a duty to accept foreign refugees. But the economic strategy also kills many migrants, exploits the poor, divides foreign families and extracts wealth from poor countries of origin.
Economic policy is supported by progressives who wish to transform the United States from a society ruled by a civic culture of European descent into an empire ruled by progressives from competing identity groups. “We are trying to become the world’s first multi-racial, multi-ethnic superpower,” Rep. Rohit Khanna (D-CA) said. New York Times March 21th. “It will be an extraordinary achievement…we will end up triumphing,” he insisted.
Unsurprisingly, the wealth extraction migration policy is wildly unpopular, according to a wide variety of polls. Polls show deep and broad public opposition to labor migration and the influx of foreign indentured workers into the jobs sought by young American college graduates.
The opposition is growing, protesting, multiracial, heterosexual, non-racist, class, bipartisan, rationalpersevering, and recognizes the solidarity that Americans owe to each other.
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