Friday, November 9, 2012

America needs to add 9 million jobs just to get back to pre-recession unemployment levels

To eliminate the jobs deficit over the next three years, the economy would have to add 330,000 jobs a month - twice the rate it is today. At the current pace, it would take until mid-2020 to get back to an unemployment rate of 5%, which is where it was in December 2007. The question that I want answered is why are we allowing people to migrate to the United States when the jobs deficit is so high?

2 comments:

Anonymous said...

America could also subtract 9 million foreign workers, and put additional importation on hold.

Anonymous said...

Unfortunately Big Business is addicted to cheap foreign labor and will continue to hire illegal immigrants even if it results in the long-term destruction of the United States.