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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (342446)	7/8/2007 12:19:02 AM
From: combjelly	Respond to of 1573682

"And my WAG is that it is skewing the unemployment rate numbers somehow. " The people on the bottom have, for the most part, given up searching for many jobs. So they don't show up as unemployed. Therefore when something like a new Walmart opens, where they won't be competing with illegals, it gets flooded with thousands of applications despite the apparent low unemployment rate in the area. Walmart can't hire by the day and pay under the table. Many other places can, and do.

To: Road Walker who wrote (342446)	7/8/2007 2:07:05 PM
From: tejek	Read Replies (1) \| Respond to of 1573682

re: Where's the wage pressure? Good article. My belief is that employment of illegals is very much changing the supply/demand situation and blunting wages. And my WAG is that it is skewing the unemployment rate numbers somehow. I agree with CJ.......the people who most compete with illegals have given up looking for a job and have stopped receiving unemployment benefits. After all, 12 million illegals is not a small number and its probably an undercounting. And that's what's keeping wages down. In a slowing economy, there has to be some explanation for rising corp. profits for industry that serves only the domestic market and that one makes the most sense.