Thursday, October 17, 2019

Blue Collar Workers in America Experiencing Highest Wage Growth in President Trump’s Economy




Although general wage growth has tended to slow down within recent months, concealed in the information is the increase in wages for America’s working-class and blue-collar folks gaining more in pay than any other income group.

Economic assessment by Indeed finds that while the greatest wage earners have witnessed year-to-year growth of wages of over 2.5%, the lowest income earners have experienced almost double this growth.

Assessment from March detailed this trend and found that while middle income earners’ and high-income earners’ wages increased around 2.5% to 3%, low income earners witnessed a wage increase of over 4%, as compared with the exact same time the year before.

This rising wage growth for working class people in America comes even though growth is strongest within the high-income and middle-income industries.

For over a year, the news has reported how President Trump’s tightening of the labor force — mainly through decreasing foreign worker competition against the American people — has given workers in the U.S. power within the economy over their employers. The outcome has meant that employers needed to bid for employees instead of employees bidding for jobs.

More recently, the news chronicled how oil corporations have needed to drive up overtime pay for workers in the U.S. to meet labor demands even while they lobby for more readily available foreign employees to keep wages down.

Extensive studies by analyst Steven Camarota and economists like George Borjas uncovers that the country’s present mass legal immigration system overwhelms United States taxpayers and America’s middle and working class while redistributing around $500B in wealth each year to major employers, as well as newly arrived immigrants. Likewise, studies have revealed how U.S.’ wages are crushed by the country’s high levels of immigration.

There are anywhere from 11 - 12 million American people today who need a full-time job yet are underemployed, unemployed, or completely out of the labor force. Still, the United States has continuously admitted approximately 1.2M legal immigrants per year to compete for middle- and working-class jobs against those sidelined Americans.

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