Wednesday, September 13, 2017

Wages Dichotomy

Wages Dichotomy
Addendum:  No degree? No experience?
No problem.
With employers struggling to find workers in an ever-tightening labor market, many are hiring job candidates for both white- and blue-collar jobs who lack skills or experience deemed essential just a few years ago.         
I find it interesting that most people that support right to work laws, oppose prevailing wage policies for public construction projects and the formation of public unions are also anti immigrant worker.
After all unions drive up wages and the cost of products and services. On the other hand immigrant labor is seldom if ever organized and their low wages reduce the cost of those same products and services. In effect, by reducing costs our standard of living is enhanced.
In any case we have a shortage of native workers so costs, are going to rise in any case if we chase away the only source of available new labor. Who is going to support the retirement of the current worker?

From the web:
The construction industry, led by the Associated General Contractors of America and the National Association of Home Builders, opposes any national policy that would deport vast numbers of illegal immigrants, saying they help alleviate a chronic shortage of workers.

LABOR GETTING SCARCE: “Labor is getting very scarce. We have actually turned a few jobs away because labor is unavailable,” said Johnny Yates, vice president at Rampart Construction in Dallas.

A high-end home builder who supported President Donald Trump last year, Brown said the president’s immigration policies have dried up the already stretched supply of Hispanic-dominated framing labor. That has driven up home prices by slowing the supply of new houses as well as raising the cost of building them. A 3,000-square-foot house that cost $9,750 to frame even late last year now costs $18,000, he said, while last year’s six-month supply of homes in the construction pipeline is down by half. And that’s even before Trump pursues promised trade rule changes that could drive up other home building costs.

Paul Hunter

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