03
Apr

Bureau of Labor Statistics: For Unemployed Americans, a Miserable March

Published on April 3rd, 2015

The last few days have been a double-barreled sock in the gut for unemployed Americans. First, on April 3, the Bureau of Labor Statistics issued its monthly jobs report. The March data was so thoroughly awful that even the notoriously optimistic Wall Street cheerleaders, always determined to put the best possible face on the stats, grudgingly acknowledged that last month job conditions were even worse than they had anticipated, and they expected little.

Chicago Job Fair

Unemployed Americans hoping to get lucky at a
Chicago jobs fair

Analysts predicted 246,000 jobs but missed the mark, with only 126,000, which ended a 12-month streak of 200,000 plus jobs created, and represented the fewest gains since December 2013.

Other gloomy news: Payroll gains in January and February were revised lower. February’s gains fell to 264,000 from 295,000, and January’s additions dropped to 201,000 from 239,000. The labor force participation rate dipped to 62.7 percent from 62.8 percent, and since last April has remained in the narrow 62.7 percent to 62.9 percent range. For the third consecutive month, the employment-to-population ratio was 59.3 percent. The unemployment rate, referred to by some critics as the “big lie,” remained steady at 5.5 percent.The second part of the one-two punch came during the days leading up to the BLS report’s release. President Obama, despite endless pontificating about how his policies will help middle-class Americans, announced his intention to expand the labor pool by removing restrictions on L visas and bringing soon-to-be-work-authorized Central Americans to the United States.

Not only will the principle L visa holder have work permission, but he can bring his spouse, and children, all of whom may eventually compete against unemployed Americans in a shrinking job market.

Moreover, the Department of Homeland Security has launched yet another illegal alien program without congressional oversight that will also bloat the labor pool. Under the guise of family reunification and if they qualify, thousands of Central American minors under age 21 will be given a free one-way ticket to the U.S., compliments of your taxpayer dollars, and eventually be eligible for work permits. Believe me, sooner rather than later and one way or another, everyone who applies will qualify. As the old saying goes, “It ain’t over ‘til the alien wins.”

Please go to the CAPS Action Alert page here to urge your representatives to support the Legal Workforce Act that would mandate E-Verify to help deter illegal immigration. Better yet, call Speaker John Boehner’s office at 202-225-0600 to ask him to bring HR 1147 up for a floor vote. 

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