Monday, April 10, 2006

Unemployment Rate For US-Born and Immigrant-Born Workers

The article discusses how the unemployment rate for foreign born workers was lower than for native born workers for the first time in a decade. The unemployment rate of native born workers fell from 5.5 percent in 2004 to 5.2 percent in 2005. The unemployment rate of foreign born workers was 5.5 percent in 2004, and sharply fell to 4.6 in 2005. As I was reading this article several issues crossed my mind: are there any differences in wages and compensation of the workers, and what fields or positions are they filling. Also, are the foreign born workers more willing to work hard and fulfill the “American Dream” of being successful?

I believe that there is a gap in the percentage of foreign born workers and native workers, due to foreign born workers are generally capable of being paid less for the same position. So is the factor that foreigners are getting paid less, and companies can hire more of them a factor. Also, I was curious as to what positions need to be filled. Do the jobs that need to be filled require formal education, such as a Bachelor’s, or do they just require basic understanding of English and Mathematical skills? What does everyone think concerning the difference in percentages of unemployment between native and foreign born workers.

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