Thread: Unemployment among millenials gives the lie to need for H1-B Visas

The Repub leadership wants to increase the number of H1-B visas - and 'Bama can't wait to sign an immigration bill that includes a greatly increased number. The Repub leadership doesn'' care about our own STEM graduates not being able to get jobs in STEM fields, and 'Bamacrats don't care either.

A recent article on CNN shows how bad the situation is for Millenials in Silicon Valley. Here are some highlights:

We have no problem taking Wall Street executives to task for decisions that leave American families financially devastated, yet we give Silicon Valley billionaires a pass when they do the same thing. America needs to realize that instead of creating jobs, Silicon Valley is erasing them, leaving millennials financially stranded before their careers can get off the ground.
The commonly held belief is that with hard work and a good education, a young person in America can get a good job. But despite falling unemployment, college grads age 22 to 27 are stuck in low-paying jobs that don't even require a college degree. The percentage of young people languishing in low-skill, low-paying jobs is 44%, a 20-year high.
Only 36% ofcollege grads have jobs that pay at least $45,000, a sharp decline from the 1990s, after adjusting for inflation. Perhaps most depressingly, the percentage of young people making below $25,000 has topped 20%, worse than in 1990. In other words, those with a bachelor's diploma were better off before the digital revolution.
[T]he percentage of people under 30 who own private businesses has reached a 24-year low.
Put simply, Silicon Valley's utopia is the rest of America's dystopia. And those who are punished more than anyone else are recent college graduates, whose lifetime earning potential has already suffered an irreversible setback.

David Wheeler
CNN
March 18, 2015

Here's a link:
http://us.cnn.com/2015/03/18/opinion...iref=obnetwork
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Americans first in this magnificent country

American jobs for American workers

Fair trade, not free trade

Originally Posted by vistalad

The Repub leadership wants to increase the number of H1-B visas - and 'Bama can't wait to sign an immigration bill that includes a greatly increased number. The Repub leadership doesn'' care about our own STEM graduates not being able to get jobs in STEM fields, and 'Bamacrats don't care either.

A recent article on CNN shows how bad the situation is for Millenials in Silicon Valley. Here are some highlights:

We have no problem taking Wall Street executives to task for decisions that leave American families financially devastated, yet we give Silicon Valley billionaires a pass when they do the same thing. America needs to realize that instead of creating jobs, Silicon Valley is erasing them, leaving millennials financially stranded before their careers can get off the ground.
The commonly held belief is that with hard work and a good education, a young person in America can get a good job. But despite falling unemployment, college grads age 22 to 27 are stuck in low-paying jobs that don't even require a college degree. The percentage of young people languishing in low-skill, low-paying jobs is 44%, a 20-year high.
Only 36% ofcollege grads have jobs that pay at least $45,000, a sharp decline from the 1990s, after adjusting forinflation. Perhaps most depressingly, the percentage of young people making below $25,000 has topped 20%, worse than in 1990. In other words, those with a bachelor's diploma were better off before the digital revolution.
[T]he percentage of people under 30 who own private businesses has reached a 24-year low.
Put simply,Silicon Valley's utopia is the rest of America's dystopia. And those who are punished more than anyone else are recent college graduates, whose lifetime earning potential has already suffered an irreversible setback.

David Wheeler
CNN
March 18, 2015

Here's a link:
http://us.cnn.com/2015/03/18/opinion...iref=obnetwork
**********************
Americans first in this magnificent country

American jobs for American workers

Fair trade, not free trade

Wow from CNN, and statements that are amazing because they reveal and highlight the shameful situation. This is the legacy we've left to the next generation of Americans due to our inaction. We must act, we must stop this madness, and we must punish all those responsible for stealing the dreams and futures of America's Kids by handing them off to people who shouldn't even be in our country.

We must demand a 10 Year Moratorium on Immigration. We must. There's no alternative to stop this madness.

The internet -- the most dangerous weapon of mass destruction since the atom bomb!

It seems to be destroying Americans employment future while providing the best bank robbing instrument since the automobile. Guess the inventors are proud?

Originally Posted by kevinssdad

The internet -- the most dangerous weapon of mass destruction since the atom bomb!

It seems to be destroying Americans employment future while providing the best bank robbing instrument since the automobile. Guess the inventors are proud?

The original inventors would be quite disappointed, the subsequent money-makers are oblivious to the harm.