News for hackers. Stuff that matters.
Re:Everything Is Booming Except for Wages by exabrial on Sunday August 26, 2018 @06:24PM (#17848265)
If the labor pool increases in relation to jobs, than yes, he's correct, it will depress wages, that's simple economics. However the blame doesn't lie with the immigrants: you shouldn't be working so simple a job it can be easily taken over by an unskilled worker and expect a decent wage.
Re:Everything Is Booming Except for Wages by int_19h on Sunday August 26, 2018 @08:05PM (#17848619)
When you add an immigrant to the country, it's not just the labor pool that grows - it's also the demand (because every new resident needs housing, food and other services), and that demand translates to jobs.
Re:Everything Is Booming Except for Wages by exabrial on Monday August 27, 2018 @07:44PM (#17855454)
Exactly. I'm not sure why we're being down voted into oblivion, but this is exactly correct.