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Ranking the States

The American Legislative Exchange Council (ALEC) has released its annual ranking of the fifty states.

According to ALEC, “The 2015 economic outlook ranking is a forward-looking measure of how each state can expect to perform economically based on 15 policy areas that have proven, over time, to be the best determinants of economic success.”

The five states with the best prospects are Utah, North Dakota, Indiana, North Carolina and Arizona. The five with the worst prospects are Oregon, New Jersey, Connecticut,  Minnesota,  Vermont and New York.

From best to worst, here are ALEC’s state rankings:

1 Utah 2 North Dakota 3 Indiana 4 North Carolina 5 Arizona 6 Idaho 7 Georgia 8 Wyoming 9 South Dakota 10 Nevada 11 Texas 12 Virginia 13 Wisconsin 14 Alaska 15 Florida 16 Oklahoma 17 Tennessee 18 Kansas 19 Alabama 20 Mississippi 21 Colorado 22 Arkansas 23 Ohio 24 Michigan 25 Iowa 26 Louisiana 27 Missouri 28 Massachusetts 29 New Hampshire 30 Kentucky 31 Nebraska 32 South Carolina 33 Maryland 34 New Mexico 35 Washington 36 West Virginia 37 Hawaii 38 Delaware 39 Rhode Island 40 Illinois 41 Pennsylvania 42 Maine 43 Montana 44 California 45 Oregon 46 New Jersey 47 Connecticut 48 Minnesota 49 Vermont 50 New York

The policy areas include the top marginal personal income tax rate, top marginal corporate income tax rate, personal income tax progressivity, property tax burden, sales tax burden, remaining tax burden, existence of estate/inheritance taxes, recently legislated tax changes, debt service as a share of tax revenue, public employees per 10,000 of population, state liability system survey, state minimum wage, average workers’ compensation costs, right to work legislation, and the number of tax expenditure limits.

CNN Money http://money.cnn.com/interactive/economy/state-unemployment-rates/ compared unemployment ratings in the states.  From best to worst:

     
1 NORTH DAKOTA
2 NEBRASKA
2 UTAH
4 SOUTH DAKOTA
4 VERMONT
6 HAWAII
6 NEW HAMPSHIRE
6 WYOMING
9 IOWA
9 MINNESOTA
11 MONTANA
11 OKLAHOMA
13 IDAHO
14 KANSAS
15 TEXAS
16 COLORADO
17 LOUISIANA
17 VIRGINIA
19 MAINE
20 MASSACHUSETTS
20 WASHINGTON
22 OHIO
22 PENNSYLVANIA
22 SOUTH CAROLINA
25 WISCONSIN
26 INDIANA
27 MARYLAND
28 ARKANSAS
28 DELAWARE
28 FLORIDA
31 WEST VIRGINIA
32 ALASKA
32 MISSOURI
32 NEW JERSEY
32 NORTH CAROLINA
36 CONNECTICUT
36 NEW MEXICO
36 NEW YORK
39 ILLINOIS
40 OREGON
41 ALABAMA
41 ARIZONA
43 TENNESSEE
44 CALIFORNIA
44 DISTRICT OF COLUMBIA
44 KENTUCKY
47 MICHIGAN
47 NEVADA
47 RHODE ISLAND
50 GEORGIA
51 MISSISSIPPI

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America’s Embattled Seniors

A combination of government policies, inflationary economics, and employer bias is making life exceedingly difficult for those over 50 years old.

From Obamacare’s “Independent Patient Advisory Boards” that are empowered to decide if providing medical services to seniors are cost effective, to the President’s proposed Medicare Part D changes, seniors’ health is clearly subject to economic pressure. A  Philly.com report notes that   “In February, the president recommended a change that would result in doubling co-payments on brand-name medications for low-income Americans who use Medicare Part D, the prescription drug benefit. That could raise the out-of-pocket costs of prescription drugs for 11 million beneficiaries…Medicare Part D provides essential drug coverage to America’s seniors.”

The problem is not confined to medical issues. The Federal Reserve’s practice of keeping interest rates artificially low to mask a failing economy harms older Americans living off their savings. Also, the historic low cost of living social security increases during the tenure of the current White House has made life increasingly hard for America’s senior citizens.

The extraordinary increase in the federal debt, which soared 70% under President Obama, (from $10.626 trillion when he took office to over $18 trillion currently) is a key factor in the current inflationary spiral. Inflation, particularly in the cost of food, has been devastating to those on fixed incomes, which describes a substantial portion of older Americans. In 2014, the price of standard grocery items soared.

The President’s environmental policies, particularly his move to sharply reduce the role of coal in the energy equation, will result in devastating cost increases that will have deeply harmful effects on the nation’s seniors. In July, according to the Washington Examiner,  “Regulations for new coal plants would increase electricity prices by as much as 80 percent…Julio Friedmann, deputy assistant secretary for clean coal at the Department of Energy, told members of the House Energy and Commerce Committee.”

Quitting cigarettes and decreasing the consumption of alcohol to avoid having any negative impact on the body. viagra free order The most sensitive of cheap tadalafil no prescription these are called endothelial. You can find them in 50 mg as well why not try these out cheapest viagra as a loss of sex drive, several studies have shown that garlic may help to boost the birth-weight of babies. Unfortunately, it has no impact on http://www.slovak-republic.org/residence/comment-page-1/ cheapest levitra one’s ability to enjoy sex. As noted in a recent Town Hall article  “In the United States there are 27 million households aged 65 or older. Among those households, 63 percent are living with a gross income of less than $50,000 annually. That means the majority of our nation’s seniors are living on fixed incomes. For many of them, their primary source of income is social security. For those living on fixed incomes, seniors and non-seniors alike, any increase in household costs is hard to absorb, and electricity represents 61 percent of total residential bills for seniors.”

Unfortunately, the private sector has added to the challenges faced by older Americans.  “Older” is, of course, a relative term. In the eyes of far too many employers, “older” may mean a job seeker only 40 year old.

An AARP report recently released outlines the extraordinary difficulties—far greater than the general population– faced by those who have lost their job but, because of age, are met with resistance in getting hired.

“On average, 45 percent of older jobseekers (ages 55 and older) were long-term unemployed (out of work for 27 weeks or more) in 2014.” [The national average is about 29.8%.] Many of those who are fortunate enough to find some work “end up accepting jobs at lower pay, with fewer hours, and with limited benefits…Almost half (48 percent) of the reemployed said that they were earning less on their current jobs than the job they had before they recently became unemployed…among the reemployed, half were earning less because they were being paid less, 10 percent were working fewer hours, and 39 percent gave both as reasons.”

In an era when the media and the White House are over-eager to claim unfairness or discrimination in so many instances, the most verifiable, inexcusable and harmful bias–that against America’s older population—is substantially under-reported, ignored, or even facilitated by government practice and employer decisions.

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The under-reported desperation of the American economy

Despite government reports that desperately attempt to put a positive spin on the latest figures and the low-key coverage of a largely partisan media, the United States economy is in terrible health. The Federal Reserve gimmick of keeping interest rates artificially low cannot hide this reality.

An objective reading of essential indicators is distressing:

The Federal Reserve Bank of Atlanta forecast for GDP growth in the first quarter has fluctuated between a horrible 0.1% and an even worse 0%.

The U.S. Census Bureau’s  latest balance of trade figure reports a record high trade deficit in February of $35.4 billion.

Bloomberg News reports that the “Institute for Supply Management ‘s Index declined to 51.5, the weakest since May 2013…the gauge has fallen five straight months.”

So, women must pay close attention to men’s health in the usual sildenafil super life, especially a man’s blood sugar levels. Its results come in light as stressfulness, depression, humiliation, irritability, relationship problems buying generic cialis and even much more. Prostate congestion viagra uk purchase is very common symptom for this disease. Another finding cialis generika was done by Case-control study at Columbia University Medical Center and New York has not voted for a Republican Presidential nominee since Ronald Reagan’s landslide victory in 1984. Reuters notes that “U.S. private employers added the smallest number of workers in more than a year in March and factory activity hit a near two-year low, fresh signs that economic growth slowed in the first quarter [of 2015.]

The Bureau of Labor Statistics notes that the number of those 16 years of age and older who didn’t participate in the labor market increased to an all-time high of 93,175,000 in March, and the number of long term unemployed accounted for 29.8% of the unemployed.

The standard White House response to poor—in this case terrible—economic news has been to point to the impact of the last recession.  Unfortunately, however, many of the downturns over the tenure of the current Administration have come from figures that had at least slightly improved since then, meaning that these troubling numbers are the results of its own mismanagement of the economy.

That mismanagement promises to provide future harmful effects as well. As outlined in the Daily Signal,  the federal debt has been hiked by 70% since the President took office, to a record $18 trillion-plus, with another $486 billion added in the past fiscal year despite record increases in revenue.

All of that record-setting deficit spending under the current White House produced  no gains for the U.S. economy, and provided no substantial assistance to the aging national infrastructure.  American national security has been weakened due to cuts in defense spending, and business start-ups continue to fall behind the number of business failures. The Brookings Institute found that business start-ups have reached a 30 year low.

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US Economy Still Weak

Research by The Federal Reserve Bank of New York’s February 2015 Business Leaders Survey, which includes an economically vital area of the nation,indicates that activity in the region’s service sector leveled off recently. The survey’s headline business activity index fell 15 points to 0.8. After rising to a level just above zero last month, the business climate index gave up those gains, signaling that, on balance, respondents viewed the business climate as worse than normal. …The prices paid index climbed 12 points to 51.5, pointing to steeper input price increases, while the prices received index dropped six points to 6.2, signifying a slower pace of selling price increases… After rising out of negative territory last month, the business climate index gave up its gains, falling nine points to -8.4, indicating that, on balance, firms viewed the business climate as worse than normal.”

Generation X, which is a key sector of the American economic picture, is also not doing well. According to the Federal Reserve of St. Louis, The average household debt of the 1970 Gen X cohort was $142,077 in the first quarter of 2014 (that is, approximately at age 44), while the average household debt of the 1956 baby-boomer cohort was $88,553, adjusted for inflation, in the first quarter of 2000 (when this cohort would also have been age 44). This represents about 60 percent more debt for the 1970 cohort compared to the 1956 cohort. Meanwhile, average real household income of the 1970 cohort was only about 5 percent higher than that of the 1956 cohort in the most recent data.
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 William C. Dudley, President and Chief Executive officer of the NY Fed, also delivered worrisome news.  “In 2010, aggregate outstanding student loan balances surpassed credit card indebtedness, and in 2013 eclipsed a trillion dollars.  During the historic household deleveraging that took place between 2008 and 2013, student debt bucked the trend, and was the only form of household credit that continued to increase each year.” The taxpayers are the final source on the hook for these loans, which, thanks to the continuously slow economy and the lack of suitable employment for college graduates, may present the next great economic bubble

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U.S. manufacturing hurt by political miscalculations

U.S. manufacturing is in a state of crisis, and it may be a self-imposed dilemma for America. The January 2015 report from the Federal Reserve notes that there are fewer jobs in that industry than at the start of the Obama presidency, when there was 12,561,000 manufacturing jobs in the nation.  By January of 2015, that number had been reduced to 12,330,000.

The crisis has its antecedents long before President Obama took office, during the tenure of President Clinton.

In October 0f 2000, Clinton signed legislation granting permanent normal trade relations to China. The measure had been bitterly opposed by conservatives, human rights groups, and unions. The move was consistent with his controversial policy of enhancing relations with Beijing, which included selling them  supercomputers and nuclear technology,  The moves are now seen as playing a significant role in building China’s sophisticated and aggressive military.

The change in U.S. trade policy eliminated potential tariff increases on Chinese imports. In addressing the issue, the Federal Reserve notes: “Our estimates reveal a negative and statistically significant relationship between the change in U.S. policy and subsequent growth in manufacturing…We find that U.S. imports of the goods most affected by the policy change increase substantially after 2001, and that this growth is driven by imports from China.”

Richard mcCormick, writing in the American Prospect back in 2009  noted that For American manufacturers, “the bad years didn’t begin with the banking crisis of 2008… Since 2001, the country has lost 42,400 factories, including 36 percent of factories that employ more than 1,000 workers (which declined from 1,479 to 947), and 38 percent of factories that employ between 500 and 999 employees (from 3,198 to 1,972). An additional 90,000 manufacturing companies are now at risk of going out of business. Long before the banking collapse of 2008, such important U.S. industries as machine tools, consumer electronics, auto parts, appliances, furniture, telecommunications equipment, and many others that had once dominated the global marketplace suffered their own economic collapse. Manufacturing employment dropped to 11.7 million in October 2009, a loss of 5.5 million or 32 percent of all manufacturing jobs since October 2000. The last time fewer than 12 million people worked in the manufacturing sector was in 1941. In October 2009, more people were officially unemployed (15.7 million) than were working in manufacturing.”
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Manufacturing has a singularly vital role in the U.S. economy. Senator Christopher Coons (D-Delaware)  notes that “Workers in manufacturing jobs earn 22 percent more in annual pay and benefits than the average worker in other industries, according to the National Association of Manufacturers. Every new manufacturing job we create adds another 1.6 jobs to the local service economy, and for every dollar in manufacturing sales, another $1.34 is added to the economy. Investments in manufacturing have a stronger impact than investments in any other economic sector.”

The Economic Policy Institute recently reported that “Manufacturing industries generated $2.1 trillion in GDP (12.5 percent of total U.S. gross domestic product) in 2013. But even these figures do not fully capture manufacturing’s role in the economy. Manufacturing provides a significant source of demand for goods and services in other sectors of the economy, and these sales to other industries are not captured in measures of manufacturing sector GDP but are counted in the broader measure of its gross output. U.S. manufacturing had gross output of $5.9 trillion in 2013, more than one-third (35.4 percent) of U.S. GDP in 2013. Manufacturing is by far the most important sector of the U.S. economy in terms of total output and employment. The manufacturing sector supported approximately 17.1 million indirect jobs in the United States, in addition to the 12.0 million persons directly employed in manufacturing, for a total of 29.1 million jobs directly and indirectly supported, more than one-fifth (21.3 percent) of total U.S. employment in 2013.

“The manufacturing sector is also a particularly important provider of jobs with good wages for workers without a college degree. This can be seen in the manufacturing wage premium—the dollar amount by which the average manufacturing worker wage exceeds the wage of an otherwise comparable worker outside the manufacturing sector. The average wage premium for all U.S. manufacturing workers without a college degree was $1.78 per hour (or 10.9 percent) in 2012–2013.”

The ongoing weakness in the U.S. economy and job market, combined with Beijing’s continuing and dramatic military buildup, should encourage a timely and thorough re-examination of American trade relations with that nation.

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Why Union Leadership Supports Amnesty

With so many native-born Americans still out of work, why are union leaders continuing to support President Obama’s plans to legalize large numbers of illegals who compete with U.S. citizens for jobs?

For workers born in the USA, the last several years have been little short of disastrous. According to the Center for Immigration Studies , (CIS) . in 2014, 1.5 million fewer native born workers had jobs than they did at the start of the 2007 recession.

CIS notes: “The Bureau of Labor Statistics shows that all of the net gain in employment since 2007 has gone to immigrants (legal and illegal),…Native employment has still not returned to pre-recession levels, while immigrant employment already exceeds pre-recession levels. Furthermore, even with recent job growth, the number of natives not in the labor force (neither working nor looking for work) continues to increase.

“Additional findings:

  • “The BLS reports that 23.1 million adult (16-plus) immigrants (legal and illegal) were working in November 2007 and 25.1 million were working in November of this year — a two million increase. For natives, 124.01 million were working in November 2007 compared to 122.56 million in November 2014 — a 1.46 million decrease.
  • “Although all of the employment growth has gone to immigrants, natives accounted for 69 percent of the growth in the 16 and older population from 2007 to 2014.
  • “The number of immigrants working returned to pre-recession levels by the middle of 2012, and has continued to climb. But the number of natives working remains almost 1.5 million below the November 2007 level.
  • “More recently, natives have done somewhat better. However, even with job growth in the last two years (November 2012 to November 2014), 45 percent of employment growth has gone to immigrants, though they comprise only 17 percent of the labor force.
  • “The number of officially unemployed (looking for work in the prior four weeks) adult natives has declined in recent years. But the number of natives not in the labor force (neither working nor looking for work) continues to grow.
  • “The number of adult natives 16-plus not in the labor force actually increased by 693,000 over the last year, November 2013 to November of 2014.
  • “Compared to November 2007, the number of adult natives not in the labor force is 11.1 million larger in November of this year.
  • “In total, there were 79.1 million adult natives and 13.5 million adult immigrants not in the labor force in November 2014. There were an additional 8.6 million immigrant and native adults officially unemployed.
  • “The percentage of adult natives in the labor force (the participation rate) did not improve at all in the last year.
  • “All of the information in BLS Table A-7 indicates there is no labor shortage in the United States, even as many members of Congress and the president continue to support efforts to increase the level of immigration, such as S.744 , which passed in the Senate last year. That bill would have roughly doubled the number of immigrants allowed into the country from one million annually to two million.2
  • “It will take many years of sustained job growth just to absorb the enormous number of people, primarily native-born, who are currently not working and return the country to the labor force participation rate of 2007. If we continue to allow in new immigration at the current pace or choose to increase the immigration level, it will be even more difficult for the native-born to make back the ground they have lost in the labor market.”

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The position of union leadership appears counterintuitive. With unemployment still such a significant factor, it would seem that the obvious position would be to oppose vast new numbers of people who would compete for jobs.

The answer may have more to do with union politics than the interests of union members. The Mackinac Institute reported that in 2012, union membership hit its lowest percentage since 1916. Without the dues and campaign volunteers members provide, unions would lose their ability to lobby and influence elections.

A recent Fox News report found that unions are seeking to regain their momentum by launching recruiting drives aimed at the approximately four million illegal immigrants that could benefit from Mr. Obama’s actions.  Major unions, including the ASL-CIO and SEIU are heavily involved in the drive to use illegals to replace the 1.2 million drop in membership since 2003.

The sharp divide between the interests of union members and their leaders continues to grow.

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Americans Giving Up The Job Search

The latest jobs report from the  U.S. Bureau of Labor Statistics  provides little encouragement for Americans desperate for work.

As a result of the dismal record of job creation over the past six years, a product of policies including the world’s highest corporate tax rate, the additional expenses brought on by Obamacare, slowdowns in military contracting and other government employment, unnecessarily high energy prices, and the overall uncertainty brought about by a generally anti-business environment, and a variety of other factors, more Americans are out of the labor force than at any time since 1978.

The Center for Economic and Policy Research  notes that that “the decline in labor force participation has been striking.” 92,269,000 Americans 16 and older aren’t participating in the labor market.

Treating only the behavior does not address viagra samples from doctor the physical and neurological factors of the disease. In case you are not sure about the number, you can call the icks.org generic cialis pill dealership and verify. The helpful methods would be penile buying online viagra icks.org implants or vascular reconstructive surgery. Once the spongy male good service cialis online organ gets filled with sufficient amount of blood. A CNN study  reports that “about 91 million adult Americans don’t work, and aren’t looking for jobs. They make up 37% of the population — the highest level on record since 1978.”

The Heritage Foundation’s recent report indicates that  “over 6.9 million fewer Americans are working or looking for work. This drop in labor force participation accounts for virtually the entire reduction of the unemployment rate since 2009…Demographics changes—such as retiring baby boomers—explain less than one-quarter of the decrease in labor force participation. More people collecting disability benefits and more people studying in school account for the rest of the drop. Both factors reflect the difficulty of finding work. Fully 6 percent of U.S. adults are on Disability Insurance.Job creation fell sharply after the recession began and has not recovered. The government’s response has been largely ineffective.6Instead of voting for vast subsidies and public works programs, Congress should reduce the tax and regulatory burdens on businesses.”

A MSN Money analysis   provides worrisome news for the group that should now be a key component of the work force—millennials. “Millennials are giving up. This generation, also known as Generation Y, was born between 1977 and 1994, and is having a serious problem finding work. They aren’t getting the jobs that have come back in the recovery. As a result, 36% of them still live with their parents, they aren’t working and they’re feeling pretty miserable about the whole thing. Their parents can’t be too thrilled, either.”

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Black Americans Angry at Obama

Democrats are facing criticism from an unexpected source: black Americans.  The issue prompting the rift is the policy move, led especially by President Obama, to liberalize illegal immigration.

Charles Butler, an astute political observer and radio personality who is a black American, is outraged over Chicago’s Democrat mayor and former Obama advisor Rahm Emmanuel’s encouragement to illegal immigrants. Emmanuel has proposed providing access to 23,000 jobs for illegals. Butler recently wrote:

“No longer do I want to hear the claim humanitarian issues, racism, and other excuses for not enforcing the laws of our land on illegal aliens.  The Civil Rights Movement was about JOBS, freedom was a secondary objective.  In 1963, Dr. King lead the Marched on Washington against President Kennedy because he failed to end job discrimination with the stoke of a pen, as he had promised Dr. King…No taxpayer-funded job should go to an illegal alien when Americans are available to work…Illegal Immigrants are taking jobs from Black Americans, and negatively impacting Black Americans according a study from the U.S. Civil Rights Commission. ”
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Many believe, with a significant degree of accuracy, that the current large upswing in illegal immigration is a direct result of President Obama’s 2012 Executive Order mandating Deferred Action for Childhood Arrivals Programs. A Newsmax  report noted that the Executive Order “ended the threat of deportation for as many as 670,000 illegals between the age of 15 and 31 who were brought to the U.S. before their 16th birthday.” The program has been extended for two years.

With unemployment an ongoing crisis throughout the nation that is particularly onerous for black Americans, who are almost twice as likely to be unemployed as whites, the introduction of illegals into the work force is a particularly troubling issue.  Newsmax reports that Peter Kirsanow, a member of the Civil Rights Commission, recently noted that “in many low-skilled or unskilled occupations, in large swaths of the country, illegal immigrants have supplanted blacks—throwing lots of blacks out of work.”

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Unending Job Crisis

America’s jobs crisis is not easing.  Although statistics indicate that the unemployment rate has improved, the jobs created have been lower in pay and taken in large measure by immigrants.

Officially, the U.S. Bureau of Labor Statistics   (BLS) latest employment report gives a “U-3” unemployment rate of 6.2%, the most widely reported indicator of the jobs picture. The more accurate figure, known as the “U-6,” which includes those unemployed, employed only part time, or just marginally attached to the work force is a far higher 12.2%.

BLS also notes that the disturbingly high number of long-term unemployed remained at a very high 3.2 million, a number accounting for 32.9% of all those unemployed. As noted in a U.S. News study, “The long-term unemployment rate remains more than double what it averaged before the downturn…and may be putting downward pressure on the overall participation rate.”

But even that far higher number doesn’t outline the real challenge facing American citizens.

Investors Business Daily  notes that the reported rise in employment from the depths of the great recession “was almost exactly matched by an equal number of “involuntary” part-time jobs—that is, workers who want a full-time job but can’t find part time.  You can thank Obamacare’s 30-hour-a-week rule for this disappearance of full time jobs. Meanwhile, the overall labor force participation rate remained at its three-decade low.”

The jobs that have come back following the depths of the recession have been lower paying than those that were lost. The Wall Street Journal  reports “[T]he job market is a far cry from what it was before the financial crisis slammed the economy in 2008.  The number of jobs in manufacturing, construction and government—typically well-paying fields—has shrunk, while lower- wage work grew.  The U.S. has 1.6 million fewer manufacturing jobs than when the recession began, but 941,000 more jobs in the accommodation and food-service sector.  More than 40% of the jobs added in just the past year have come in generally lower-paying fields such as food service, retail, and temporary help.”
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The bad news for Americans doesn’t stop there. An analysis by the Center for Immigration Studies (CIS)  notes that “two thirds of the net increase in employment since President Obama took office has gone to immigrant workers, primarily legal immigrants. [but also including some illegals]”

CIS outlines three steps taken by the Obama Administration that has tipped the scales in favor of immigrants versus native workers:

[President Obama] offered work authorization to an estimated two million illegal immigrants who arrived in the country before age 16. When auditing employers who hire illegal workers, the Administration has not detained the illegal workers as a matter of policy, allowing them to take new jobs. The Administration called on the Supreme Court in 2010 to strike down Arizona’s law requiring employers to verify the legal status of new workers.

The replacement of native workers with immigrants produces a downward pressure on wages, and edges out American workers at the lower end of the earnings scale.

Overall, as noted by the Wall Street Examiner, “Job growth is too slow to grow the U.S. out of its unemployment problem. As for the quality of the new jobs being created, let’s not even go there.”

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Lower Pay, Immigrant Competition Cloud American’s Job Prospects

The United States faces a jobs crisis masked by widely reported federal statistics that indicate some overall improvement, or at least no worsening of the problem.

Officially, the U.S. Bureau of Labor Statistics   (BLS) latest employment report gives a “U-3” unemployment rate of 6.2%, the most widely reported indicator of the jobs picture. The more accurate figure, known as the “U-6,” which includes those unemployed, employed only part time, or just marginally attached to the work force is a far higher 12.2%.

BLS also notes that the disturbingly high number of long-term unemployed remained at a very high 3.2 million, a number accounting for 32.9% of all those unemployed. As noted in a U.S. News study,   “The long-term unemployment rate remains more than double what it averaged before the downturn…and may be putting downward pressure on the overall participation rate.”

But even that far higher number doesn’t outline the real challenge facing American citizens.

Investors Business Daily  notes that the reported rise in employment from the depths of the great recession “was almost exactly matched by an equal number of “involuntary” part-time jobs—that is, workers who want a full-time job but can’t find part time.  You can thank Obamacare’s 30-hour-a-week rule for this disappearance of full time jobs. Meanwhile, the overall labor force participation rate remained at its three-decade low.”

The jobs that have come back following the depths of the recession have been lower paying than those that were lost. The Wall Street Journal reports “[T]he job market is a far cry from what it was before the financial crisis slammed the economy in 2008.  The number of jobs in manufacturing, construction and government—typically well-paying fields—has shrunk, while lower- wage work grew.  The U.S. has 1.6 million fewer manufacturing jobs than when the recession began, but 941,000 more jobs in the accommodation and food-service sector.  More than 40% of the jobs added in just the past year have come in generally lower-paying fields such as food service, retail, and temporary help.”

The bad news for Americans doesn’t stop there. An analysis by the Center for Immigration Studies (CIS)  notes that “two thirds of the net increase in employment since President Obama took office has gone to immigrant workers, primarily legal immigrants. [but also including some illegals]”

CIS outlines three steps taken by the Obama Administration that has tipped the scales in favor of immigrants versus native workers:

  • [President Obama] offered work authorization to an estimated two million illegal immigrants who arrived in the country before age 16.
  • When auditing employers who hire illegal workers, the Administration has not detained the illegal workers as a matter of policy, allowing them to take new jobs.
  • The Administration called on the Supreme Court in 2010 to strike down Arizona’s law requiring employers to verify the legal status of new workers.

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The replacement of native workers with immigrants produces a downward pressure on wages, and edges out American workers at the lower end of the earnings scale.

Overall, as noted by the Wall Street Examiner,  “Job growth is too slow to grow the U.S. out of its unemployment problem. As for the quality of the new jobs being created, let’s not even go there.”