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Less immigrant labor in US adds to price hikes
Posted by: pdq
Date: May 08, 2022 10:22AM
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AP
After immigration to the United States tapered off during the Trump administration – then ground to a near complete halt for 18 months during the coronavirus pandemic – the country is waking up to a labor shortage partly fueled by that slowdown.
The U.S. has, by some estimates, 2 million fewer immigrants than it would have if the pace had stayed the same, helping power a desperate scramble for workers in many sectors, from meatpacking to homebuilding, that is also contributing to supply shortages and price increases.
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[Farmer Mike] Helle, who raises onion, cabbage, melons and kale just outside the border town of McAllen, Texas, is also paying more to his workers, who are almost exclusively immigrants. People born in the U.S., he says, won’t work the fields regardless of the pay.
Before he could find farmworkers just in the region. Now he’s joined a federal program to bring agricultural workers across the border. It’s more expensive for him, but he said it’s the only way he can keep his crops from spoiling in the ground.
Helle, 60, has farmed the area for decades. “I live 10 miles from the Rio Grande river and I never in my life thought we’d be in this situation.”
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“At some point we either decide to become older and smaller or we change our immigration policy,” said Douglas Holtz-Eakin, an economist and former official in President George W. Bush’s administration who is president of the center-right American Action Forum. He acknowledged a change in immigration policy is unlikely: “The bases of both parties are so locked in.”
Re: Less immigrant labor in US adds to price hikes
Posted by: Steve G.
Date: May 08, 2022 11:09AM
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Re: Less immigrant labor in US adds to price hikes
Posted by: Filliam H. Muffman
Date: May 08, 2022 11:14AM
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Re: Less immigrant labor in US adds to price hikes
Posted by: RgrF
Date: May 08, 2022 01:13PM
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Re: Less immigrant labor in US adds to price hikes
Posted by: DeusxMac
Date: May 08, 2022 01:28PM
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RgrF
The one component that effects prices across the board is energy. Shell just reported record $9.1 billion quarterly profit, adjusted earnings almost triple same period last year. Exxon/Mobile doubled their profit. Anyone doubt oil companies are price gouging?
Re: Less immigrant labor in US adds to price hikes
Posted by: Speedy
Date: May 08, 2022 01:42PM
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Re: Less immigrant labor in US adds to price hikes
Posted by: RgrF
Date: May 08, 2022 05:05PM
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DeusxMac
Quote
RgrF
The one component that effects prices across the board is energy. Shell just reported record $9.1 billion quarterly profit, adjusted earnings almost triple same period last year. Exxon/Mobile doubled their profit. Anyone doubt oil companies are price gouging?
No defense of Exxon/Mobil intended, but that "statistic" is grossly
My oversight. I grabbed that stat from Robert Reich’s site and extrapolated Shell earnings with Exxon, probably why he.stopped at Shell.
Re: Less immigrant labor in US adds to price hikes
Posted by: Filliam H. Muffman
Date: May 08, 2022 06:33PM
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Quote
DeusxMac
Quote
RgrF
The one component that effects prices across the board is energy. Shell just reported record $9.1 billion quarterly profit, adjusted earnings almost triple same period last year. Exxon/Mobile doubled their profit. Anyone doubt oil companies are price gouging?
No defense of Exxon/Mobil intended, but that "statistic" is grossly misleading.