BUSINESS/DREAMERS/IMMIGRATION/JOBS: “American employers say they are missing one key ingredient these days: Workers.
Finding qualified and available candidates is a major challenge for companies. Some have cut back on hiring as a result.
Many businesses — from farmers to Facebook — plug the gap with some of the 27 million foreign-born workers living in the United States.
President Trump’s decision to repeal DACA, or the Deferred Action for Childhood Arrivals program, risks the deportation of roughly 800,000 young adults who were born outside the United States but have lived in the country for a decade.
Experts say repealing DACA would worsen the shortage of workers in the United States…
Brannon estimates that repealing DACA would also hit the U.S. government by deporting taxpayers. He forecasts a potential $60 billion loss in tax revenue to the federal government and $280 billion hit to economic growth over 10 years…
Finding workers is the biggest problem in construction and manufacturing, industries at the core of Trump’s base, NFIB data shows.
The 800,000 people using DACA help to fill the hole. More than 75% of them are employed, and their average wage is over $17 an hour, according to the National Immigration Law Center, a left-leaning group. Their median age is 22, meaning most are prime for careers, jobs and incomes for the foreseeable future.
DACA permit holders are a part of the formal job market, meaning they pay local, state and federal taxes when they get pay checks, instead of being paid under the table. They must pass criminal background checks and pay application fees to apply.
Fewer workers also means smaller profits for some businesses.”
-Patrick Gillespie, “Ending DACA hits U.S. economy where it hurts,” CNN Money, CNN.com, Sept. 5, 2017 12:33pm