John Amnesty McClain (JAM), Hillary incoming Clinton (HIC) and Barack Rezko Obama (BRO) who jointly constitute the entity known as McClob, are all determined to take your job.
The Immigration Lawyers Website just published their opinion of which one of the presidential candidates is most likely to deliver “immigration benefits”. ILW didn’t define what they mean by “immigration benefits”, but it’s safe to assume they are talking about amnesty, large increases in guest worker visas, F-4 and OPT for foreign students, H-1B, green cards, and anything else that increases the volume of business and wealth of immigration lawyers.
Norm Matloff just sent out an email suggesting that his readers write to the Washington Post explaining that H-1Bs are not “the best and the brightest”--they’re the cheapest.
Men’s median wages are the same as 1973. Women’s median wages are the same as men’s were in 1960. See graph page 16.
Productivity has doubled since 1973. So wages divided by productivity are half what they were. Women’s percentage in the labor force stopped increasing around 1990. Productivity increased another 40 to 50 percent but wages stayed about the same. There was massive immigration from 1990 to now. This shows its immigration that is keeping down wages.
In addition, education is going to non-Americans in science and math and engineering. That transfers know-how to China and India. The factory jobs then go there as well. The result is the good jobs leave, whether blue collar or white collar, or are taken by immigrants who lower wages for everyone left.
Women’s percentage in the labor force saturated around 1990, i.e. stopped going up.
Table 1 shows it stopped going up around 1990.
Bar chart of productivity growth by decade:
Productivity change in the nonfarm business sector, 1947-2007: Average annual percent change 1947-73 2.8 1973-79 1.2 1979-90 1.4 1990-1995 1.5 1995-2000 2.6 2000-2007 2.5 Last updated: March 5, 2008
Wages of men and women are little changed from 1990 while productivity has gone up substantially. The total change in productivity without compounding is about 40 percent from 1990 to 2007. But wages are almost the same over that period. See graph page 16:
Men’s labor force participation rate was 80 percent for white and black men in 1965. Now its 74 and 67 percent.
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