The economy needs 150,000 new jobs a month in order to maintain a steady level of employment for growing population. In other words there are on average 150,000 people entering the workforce each month. Creating less new jobs than that means that there are more people wanting jobs than there are jobs to have, i.e. a labor surplus.
And that a labor surplus is generally bad for the economy?
2006-11-03 06:43:27 · 5 answers · asked by romulusnr 5 in Politics & Government ➔ Elections
Exactly that is why we need immigration laws to be strictly enforced if not this country will become highly overpopulated within the next twenty years or so.
2006-11-03 06:46:29 · answer #1 · answered by RedRose 2 · 2⤊ 1⤋
Americans or illegals
A work surplus may be bad for a "growing" economy!
If we cant stop the flow "we won't have one"!
2006-11-03 15:01:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
that and the million mexicans a month pouring into this country...who by the way, dont take jobs americans wont do...they take LESS pay to do the same job...
2006-11-03 14:48:58 · answer #3 · answered by badjanssen 5 · 1⤊ 1⤋
i see plenty of jobs in the paper all the time. i don't see what's the problem. i think people are too picky.
2006-11-03 14:48:14 · answer #4 · answered by april_hwth 4 · 1⤊ 1⤋
No I didn't realize that. That is quite interesting.
2006-11-03 14:45:04 · answer #5 · answered by Slappin 3 · 0⤊ 2⤋