Immigration Reform: The Missing Piece of the CSR Puzzle
triplepundit.com
By Leah Durant
Guest Author
September 16th, 2011

The sequence of events in September has revealed a troubling downturn in the US workforce and economy. The Bureau of Labor Statistics recorded on Friday, September 2 that zero jobs were created during the month of August. On Thursday, September 8, President Obama unveiled the American Jobs Act, a bill proposed to extend payroll tax cuts and increase spending to maintain global competitiveness. On Friday, September 9, reports leaked that Bank of America could layoff 10 to 14 percent of its current staff—estimates range from 28,000 to 40,000 workers.

The number of unemployed persons has hovered around 9.1 percent during the past few months. Approximately 14 million Americans are unemployed. As companies like Bank of America continue to perform mass layoffs, it becomes even more likely that number will increase.

The economy has been in a state of malaise for over three years and neither the administration nor Congress has made any inroads with a major job plan. Corporations and other private industries have been allowed to work within their own interpretations of the law or under the radar. Business Week defines Corporate Social Responsibility as “a way of managing a business by considering the impact of activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment.â€