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Saturday, October 11, 2008

How the Economy Affects You: Job Market

Some economists predict that by 2009, 1 million jobs will be lost. How frightening is that? A lot of the job losses are due to the failing economy, and part of the failing economy is due to outsourcing and illegal immigrants working for low pay. Go figure. If we weren't outsourcing, there would be more jobs available to U.S. citizens. If we really cracked down on illegal immigration, cheap labor wouldn't be an option to employers and more Americans would have jobs. If more jobs were available to Americans, the economy would be so much better because more people would have money to put into the economy. But people can't put money into the economy if they can barely afford to take care of their own families, right? What a tangled web!

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