Showing posts with label U.S. Job Openings. Show all posts
Showing posts with label U.S. Job Openings. Show all posts

Tuesday, July 18, 2017

US allows more seasonal workers as Trump pushes 'hire American'


WASHINGTON - The US government cleared the way on Monday for thousands more foreign workers to enter the country under temporary seasonal visas, just as President Donald Trump declared this "Made In America" week and pledged to stand up for US workers.

Advocates of stricter limits on immigration criticized the additional visas, saying American workers should get job openings.

Trump, a former New York real estate magnate who has relied on seasonal workers at his hotels and resorts, campaigned on promises to restore American jobs. On Monday, he showcased "Made in America" products at the White House and made an impassioned defense of America First policies.

"We're going to stand up for our companies and maybe most importantly for our workers," the Republican president said. "Clearly it's time for a new policy, one defined by two simple rules: We will buy American. And we will hire American."

Federal officials said there were not enough qualified and willing American workers available to perform certain types of temporary non-agricultural work.

As a result, the government will allow 15,000 additional visas for temporary seasonal workers, meant to help American businesses in danger of suffering irreparable harm because of a shortage of such labor, the Department of Homeland Security said in a statement.

"As a demonstration of the administration's commitment to supporting American businesses, DHS is providing this one-time increase to the congressionally set annual cap," Secretary of Homeland Security John Kelly said in a statement.

Many seasonal businesses such as resorts, landscaping companies and seafood harvesters and processors had sought permission to temporarily hire more immigrants.

Congress originally set the cap at 66,000 workers for the fiscal year ending Sept. 30. In May, lawmakers gave Kelly authority to approve up to an additional 70,000 temporary visas and pleaded with him to use his authority to issue as many of them as he thought appropriate.

Roy Beck, president of NumbersUSA, a group that supports immigration controls, said in a statement the decision "threatens to reverse the trend of reports emerging around the country of employers working harder and raising pay to successfully recruit more unemployed Americans for lower-skilled jobs."

 Beck said it was "yet another example of the administration and Congress failing to keep the Trump campaign promise of putting American workers first."

'MINIMAL RELIEF GRANTED'

Trump campaigned on an "America First" platform of favoring Americans for hiring. Trump's golf resorts in Florida have used the visas, however, to hire temporary guest workers (reut.rs/1R4pKma).

The clothing line of the president's older daughter and adviser, Ivanka Trump, uses foreign factories employing low-wage workers in countries such as Bangladesh, Indonesia and China, a recent Washington Post report showed.

A group of US companies that use the visas, called the "the H-2B Workforce Coalition," praised the "minimal relief granted."

It said: "From landscapers in Colorado to innkeepers in Maine to seafood processors along the Gulf Coast to carnivals nationwide, we hope the visa expansion will help some businesses avoid substantial financial loss, and in some cases, prevent early business closures during their peak season."

A report on Monday by the Economic Policy Institute, a liberal think tank, found, however, there was little evidence of worker shortages in H-2B jobs at the national level.

“Expanding the H-2B program without reforming it to improve protections and increase wages for migrant workers will essentially allow unscrupulous employers to carve out an even larger rights-free zone in the low-wage labor market,” said Daniel Costa, director of immigration law and policy research at the institute.

Kelly has acknowledged that many temporary workers "are victimized when they come up here, in terms of what they’re paid."

DHS said the government had created a tip line to report any abuse of the visas or employer violations.

Reporting by Doina Chiacu and David Shepardson in Washington; Additional reporting by Mica Rosenberg in New York; Editing by Marguerita Choy and Peter Cooney

source: news.abs-cbn.com

Tuesday, June 9, 2015

US job openings hit record high; small businesses upbeat


WASHINGTON - U.S. job openings surged to a record high in April and small business confidence perked up in May, suggesting the economy was regaining speed after stumbling at the start of the year.

The economy's stronger tone was reinforced by other data on Tuesday showing a solid rise in wholesale inventories in April, in part as oil prices stabilized.

"This is more confirmation that the economy is indeed emerging from that soft patch in the first quarter and can still pick up even faster in the next few months," said Chris Rupkey, chief financial economist at MUFG Union Bank in New York.

Job openings, a measure of labor demand, rose 5.2 percent to a seasonally adjusted 5.4 million in April, the highest level since the series began in December 2000, the Labor Department said in its monthly Job Openings and Labor Turnover Survey (JOLTS).

Hiring slipped to 5.0 million from 5.1 million in March. Economists say the lag in hiring suggests that employers cannot find qualified workers for the open positions.

The number of unemployed job seekers per open job, a measure of labor market slack, fell to 1.6 in April, the lowest since 2007 and down from 1.7 in March.

"On balance, we read the April JOLTS data as suggesting labor market momentum remains intact in the second quarter and labor market slack continues to diminish," said Jesse Hurwitz, an economist at Barclays in New York.

The JOLTS report is one of the indicators being closely watched by Federal Reserve policymakers as they contemplate raising interest rates this year. The U.S. central bank has kept the short-term lending rate near zero since December 2008.

Tightening labor market conditions were corroborated by a separate report from the National Federation of Independent Business that showed confidence among small businesses rising to a five-month high in May.

The share of businesses saying they could not fill open positions also increased to 29 percent last month, matching February's reading, which was the highest since April 2006.

REGAINING STEAM

The economy contracted at a 0.7 percent annual pace in the first quarter and growth got off to a slow start in the second quarter, in part because of the lingering effects of a strong dollar and spending cuts in the energy sector.

But a surge in job growth and automobile sales as well as gains in May factory activity suggest the economy is strengthening.

Prices for U.S. government debt fell, while U.S. stock indexes edged up. The dollar slipped against a basket of currencies.

In a third report, the Commerce Department said wholesale inventories increased 0.4 percent in April after rising 0.2 percent in March. Inventories are a key component of gross domestic product changes.

The component of wholesale inventories that goes into the calculation of GDP - wholesale stocks excluding autos - rose 0.2 percent, prompting economists at Barclays to bump up their second-quarter growth estimate by one-tenth of a percentage point to a 2.9 percent annualized rate.

Sales at wholesalers surged 1.6 percent in April, the largest rise since March of last year. Sales had been weak since last August, in part due to the negative impact of lower oil prices on the value of petroleum goods sales.

That had led to an accumulation of inventory, leaving wholesalers with little appetite to buy more merchandise.

Petroleum sales jumped 4.9 percent in April.

At April's sales pace it would take 1.29 months to clear shelves, down from 1.30 months in March. An inventory-to-sales ratio that high usually means an unwanted inventory buildup, which would require businesses to liquidate stocks. That would weigh on manufacturing and economic growth.

Economists, however, caution against reading too much into the elevated inventory-to-sales ratio, given the role that oil prices have played in depressing the value of petroleum goods sales.

Still, they expect an inventory drawdown in the quarters ahead, which is one of the reasons for less robust second-quarter GDP growth estimates. Inventories added a third of a percentage point to first-quarter GDP.

source: www.abs-cbnnews.com