US senators want to halt immigration, just when the economy needs it most

[afacc123]

publican senators are pressuring US president Donald Trump to further restrict work visas due to coronavirus job losses, arguing foreign students and specialized workers take jobs away from Americans. However, reports show that restrictive immigration policies like this hurt economic growth, especially in jobs and industries that rely on foreign labor.

Senators Tom Cotton of Arkansas, Ted Cruz of Texas, Charles Grassley of Iowa, and Josh Hawley of Missouri submitted a letter today urging the suspension of all new guest worker visas for 60 days, as well as the suspension of other guest worker visas for at least a year. The letter specifically cited the country’s record unemployment, “protecting American workers” and “no reason why unemployed Americans and recent college graduates should have to compete in such a limited job market.” The letter was first reported by Politico.

On April 22, the president issued a proclamation preventing new immigrants from entering the US for 60 days. It allowed immigrants with existing work visas, student visas, and permanent residency (also known as green cards) to continue to enter the country and had numerous exemptions, including for medical staff as well as family members of US citizens. But the remaining guest worker programs not covered “remain a serious threat to the US labor market’s recovery,” the letter said.

Cotton, Cruz, Grassley, and Hawley are requesting the suspension of four major visa categories: the H-2B for non-agricultural seasonal workers, H-1B for specialty occupations, the optional practical training (OPT) extension for international students, and EB-5 for immigrant investors. The OPT extension allows recent foreign undergraduate and graduate students to remain in the US for a year after completing their degrees to do paid work in their designated field. Students with degrees in science, technology, engineering and mathematics can apply for an additional two-year extension.

The letter specifically cites summer resort employment, landscaping, business, technology, and STEM fields; as well as foreign students taking jobs “that would otherwise go to unemployed Americans as our economy recovers”. However, landscaping companies have repeatedly struggled to find and retain American employees to complete long shifts of manual labor and many summer resorts across the country are concerned they might not be able to open for most, if not their entire normal season.

Restrictions on immigration have been a cornerstone of the Trump administration, but studies repeatedly show restrictive immigration policies reduce economic growth and recovery. Two years ago, the Business Roundtable, an association of senior business executives, released a report modeling a scenario involving significant reductions in the issuance of foreign-born student visas and a significant drop in OPT participation by 2020. The negative effects on the US economy included a decline in the country’s gross domestic product “by about a quarter of a percentage point by 2028”, a real fall in hourly wages, as well as a projected loss of 443,000 jobs—including 255,000 positions held by native-born workers—over the next decade.

Even if these additional immigrations restrictions proposed by the senators are not made official, the ongoing discussions about them could still drive potential immigrants and international students away due to the added uncertainty. Eric Fish, a journalist who has researched Chinese international students since 2016, says universities in Canada and the UK have lured a lot of students from the US through immigration-friendly policies, including post-graduate work visas. “If you know that doors are closed to you before you even arrive, that’s a huge mark against that country,” he said in an interview by phone.

📌 What you need to know

This season’s hottest consumer trends are all about living your best lockdown life.

• You might have thought the pandemic “it” shoe was socks—it’s actually Crocs. While most footwear sales fell in the first quarter, Crocs saw a 27% increase in wholesale sales, and a 14% jump in e-commerce sales.
• On Peloton’s first-quarter earnings call, CEO John Foley reported a 66% year-over-year increase in revenue, to $524.6 million. The company says it entered 2020 with a backlog of bike orders, and that was before gyms closed.
• Quarantine’s hottest snack might be a marijuana gummy. Data on weekly cannabis market share in four US states showed a 10.6% increase in the portion of cannabis sales that comes from edibles.

 

Edited May 9, 2020 by afacc123
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[Gentle_Boy]

Matter in 2 lines please 

[quickgun_murugun]

Ivanni time waste yavvaralu

[quickgun_murugun]

Just now, Gentle_Boy said:

Matter in 2 lines please 

Reject all OPT and H1B visas and don’t approve new visas ... but okay with h4ead anta...

evado @H4ead hot aunties ki marigindu 

[Deadp0ol2]

1 minute ago, Gentle_Boy said:

Matter in 2 lines please 

Get 3 free stocks

[quickgun_murugun]

Just now, Deadp0ol2 said:

Get 3 free stocks

[afacc123]

6 minutes ago, Gentle_Boy said:

Matter in 2 lines please 

1 Line - Searching for opportunities by republicans to ease the unemployment scenario

[perugu_vada]

Elections time kada , moreover jobless claims baga increased, so definite ga chustham ilanti news lu, how far do they really materialize anedi debatable 

[afacc123]

6 minutes ago, perugu_vada said:

Elections time kada , moreover jobless claims baga increased, so definite ga chustham ilanti news lu, how far do they really materialize anedi debatable 

News is one and pragmatism is an other minute part of the same

 

which is exactly how the present president won by being in the news as always

[Repo]

Unemployment and elections concern lo unnaru repubs. Edo okati ayithe chestharu but we don't know what will be that. Ekkada e DB lo guys thinking like H1 ki baga lobbying undi kushner and ivanka chusukuntaru emi kadu ani but election time and unemployment that too Republicans baga kopam lo unnaru h1 meeda. Major effect ayithe undadu but something will be there. 1 week lo idea vasthundi. Sorry to say amendments and renewal unna vallaki chala kashtam election ayipoye varaku. 

[Repo]

Moreover IV vallu iran and chinese vallani headless ane vallu. Eppudu situation like they don't have any proper idea. S386 ki support chesina lawyers andaru seperate doctors bill ki support chesthunnaru. No chance for S386 ani realize ayyaru porapatuna a bill thesthe senate lo okkokkadiki untundi repubs ki. 

[Sucker]

12 minutes ago, Repo said:

Unemployment and elections concern lo unnaru repubs. Edo okati ayithe chestharu but we don't know what will be that. Ekkada e DB lo guys thinking like H1 ki baga lobbying undi kushner and ivanka chusukuntaru emi kadu ani but election time and unemployment that too Republicans baga kopam lo unnaru h1 meeda. Major effect ayithe undadu but something will be there. 1 week lo idea vasthundi. Sorry to say amendments and renewal unna vallaki chala kashtam election ayipoye varaku. 

Vuncle thaaguthunnava ? Yedo bday party annav poleda vuncle. Mana Desi vuncle gallani Friday poota aina vadileyyu vuncle.

[afacc123]

@Repo ante repo rate aa 

[Repo]

10 minutes ago, afacc123 said:

@Repo ante repo rate aa 

Anthe anuko bro. Nee ishtam. I talk reality even if you like it or not. Anthe kani bill ayipothundi enka antha manade annte naku and neeku emaina vasthunda bro. Nothing. Nene cheppa antha baagunte max May varaku ayipoye chance undedi ani but Corona effect maamulu ga ledu emand unemployment peaks lo undi adi kadu ani mana immigration bills pas chestharu ani meeru ela nammuthunnaru bro. Max pass ayithe doctors bill avuthundi adi kuda vallaki negativity undadu. H1 anye IT ane janalu fix ayyaru emi cheyyaelmu bro. 

[afacc123]

2 minutes ago, Repo said:

Anthe anuko bro. Nee ishtam. I talk reality even if you like it or not. Anthe kani bill ayipothundi enka antha manade annte naku and neeku emaina vasthunda bro. Nothing. Nene cheppa antha baagunte max May varaku ayipoye chance undedi ani but Corona effect maamulu ga ledu emand unemployment peaks lo undi adi kadu ani mana immigration bills pas chestharu ani meeru ela nammuthunnaru bro. Max pass ayithe doctors bill avuthundi adi kuda vallaki negativity undadu. H1 anye IT ane janalu fix ayyaru emi cheyyaelmu bro. 

Hey nenu just repo ante RBI repo rate gurtochhindi 

 

Website lo chadivanu

ala avutundi ani em ledu 

kaadu ani ledu 

concrete ga bill pass avvalante minimum 6 months anukuntunna