2 ms·
We just came off an 8-year period of significant unemployment. People are understandably skittish about anything that prevents citizens from getting jobs - espe
by ctdonath 9y ago
We just came off an 8-year period of significant unemployment. People are understandably skittish about anything that prevents citizens from getting jobs - especially when people are being imported precisely to fill available domestic jobs. Your reductions don't address the fact that we DID invest in domestic talent, and would like to put that investment to use.
Now that national unemployment has plummeted to remarkably low levels, we may again truly find ourselves needing to import workers.
- jacquesm 9y ago> We just came off an 8-year period of significant unemployment. https://www.thebalance.com/unemployment-rate-by-year-3305506 https://www.thebalance.com/unemployment-rate-by-year-3305506 Peak unemployment during that period just after the 2008 financial crisis was still just under 10%, and it has been steadily decreasing since then. It's not exactly nothing and it sucks if you are one of the unemployed but an unemployment ratio between 5 and 10% is actually not all that bad. Significant unemployment were 2009, 2010 and before that 1982. By 2013 unemployment in the US was already back down below 7%, historically speaking nothing special, somewhere between 3 and 7% is fairly normal.