Economists on Wednesday expressed significant concerns after new data from global payroll processing firm ADP estimated that the US economy lost 32,000 jobs last month.
Economists on Wednesday expressed significant concerns after new data from global payroll processing firm ADP estimated that the US economy lost 32,000 jobs last month.
Population grew by 160,000, jobs decreased by 32,000.
If the population stayed the same 32,000 jobs being lost would be bad, but being that the population is growing still… It’s worse
Honestly a population staying the same would be far worse. The US is on our way to that if we keep fighting immigration. Having a steady flow of impoverished labor aged individuals is like a cheat code for short term economic boom, but these politicians hate everything that benefits the country in the slightest.
Importing wage slaves ❤️❤️❤️
The entire developed world is on the path to the population stabilizing then gradually decreasing. I’ve pointed this out multiple times for exactly the reason you state. Policy in the US is horribly backwards even before we get to the immediate damage done to real humans.
The ultimate cheat would be only non-resident visas that are easy to get, so the worker can easily come to work but must return home with no job, and so foreign workers will only contribute to revenue but not hit public services at all.
But, this is America. There are no public services.
What you’re describing is a permanent underclass. While this does help the economy, it’s contrary to the point of social services, which is that they help society thrive. If members of that society are filtered out, then their children are held back, they can’t start their life and contribute to the housing market, they can’t afford to go to the hospital, and when it comes to life or death, they will go to the ER. Trying to box others out hurts you more often than not in sociological scales. The only exception is the clear cut divides between the rich and the poor. If you’re a billionaire then a permanent underclass is a demonic but objectively good thing for your bottom line.