georgephillip
Diamond Member
What happens when you have 1.3 million more job openings than unemployed workers seeking jobs?
Economic Antidote for a Shrinking America: Immigrants
"At the moment, there are 7.3 million job openings nationwide and six million people unemployed. That gap is expected to widen as the number of retirees grows faster than the number of new workers...."
Ten thousand baby boomers retire every day, and US birth rates are at a three decade low:
"Using census data, the investment company the Blackstone Group estimates that without immigration, the working-age population between 25 and 64 years old would drop by 17 million by 2035.
"'We really need immigrants,' Byron R. Wien, vice chairman of Blackstone’s Private Wealth Solutions group, said during the company’s quarterly webcast last month. 'If we have a shrinking population, it’s going to be tough to have rising G.D.P.,' or gross domestic product."
"This past tomato season, DiMare Fresh, a family-owned distributor with farms in Florida and California, had scores of unfilled jobs..."
"Tomato season in Florida doesn’t resume until November. In the meantime, Mr. DiMare shakes his head when asked about detentions at the border and deportation raids.
"'They want to send all these people back,' he said. 'Who the hell is going to do all this work?'"
Economic Antidote for a Shrinking America: Immigrants
"At the moment, there are 7.3 million job openings nationwide and six million people unemployed. That gap is expected to widen as the number of retirees grows faster than the number of new workers...."
Ten thousand baby boomers retire every day, and US birth rates are at a three decade low:
"Using census data, the investment company the Blackstone Group estimates that without immigration, the working-age population between 25 and 64 years old would drop by 17 million by 2035.
"'We really need immigrants,' Byron R. Wien, vice chairman of Blackstone’s Private Wealth Solutions group, said during the company’s quarterly webcast last month. 'If we have a shrinking population, it’s going to be tough to have rising G.D.P.,' or gross domestic product."
"This past tomato season, DiMare Fresh, a family-owned distributor with farms in Florida and California, had scores of unfilled jobs..."
"Tomato season in Florida doesn’t resume until November. In the meantime, Mr. DiMare shakes his head when asked about detentions at the border and deportation raids.
"'They want to send all these people back,' he said. 'Who the hell is going to do all this work?'"