BretLudwig
October 26th 08, 11:40 PM
Immigration Boom Towns are now Ka-Boom Towns
>>"From Forbes:
-
Forget Miami, Los Angeles and New York--America's newest immigrant
capitals are the country's recent boom towns.
Top of the list: Cape Coral-Fort Myers, Fla., with a 122% increase in
its foreign-born population from 2000 to 2007, according to a Brookings
Institution analysis of U.S. Census Bureau information. ...
Just as it's easy to spot America's boom towns by looking at where
immigrant growth has increased the most, the places where the bubble has
burst are also instantly recognizable. Case in point: Cape Coral, Fla.,
where 28% of the metro area's working immigrant community worked in
construction-related jobs in 2007. Now that the Real Estate party's over,
Cape Coral-Fort Myers is one of the worst places to ride out the economic
storm.
The situation is much the same in Las Vegas, which ranks No. 4 on our
list. It has been one of the fastest-growing cities in America in terms of
gross domestic product (67% increase from 2001 to 2006) and foreign-born
population (65% increase from 2001 to 2007). Census Bureau data show 58%
of Sin City's working immigrants held vulnerable construction or
service-sector jobs.
So, we had this stupid housing bubble creating lots of construction jobs
in boom towns like Las Vegas. But actual American citizen workers didn't
even much get in on the benefits of having those jobs building unneeded
McMansions in the desert because we let in millions of immigrants who
would do those jobs for $5 or $10 less per hour."<<
http://isteve.blogspot.com/2008/10/immigration-boom-towns-are-now-ka-boom.html
--
Message posted using http://www.talkaboutaudio.com/group/rec.audio.opinion/
More information at http://www.talkaboutaudio.com/faq.html
>>"From Forbes:
-
Forget Miami, Los Angeles and New York--America's newest immigrant
capitals are the country's recent boom towns.
Top of the list: Cape Coral-Fort Myers, Fla., with a 122% increase in
its foreign-born population from 2000 to 2007, according to a Brookings
Institution analysis of U.S. Census Bureau information. ...
Just as it's easy to spot America's boom towns by looking at where
immigrant growth has increased the most, the places where the bubble has
burst are also instantly recognizable. Case in point: Cape Coral, Fla.,
where 28% of the metro area's working immigrant community worked in
construction-related jobs in 2007. Now that the Real Estate party's over,
Cape Coral-Fort Myers is one of the worst places to ride out the economic
storm.
The situation is much the same in Las Vegas, which ranks No. 4 on our
list. It has been one of the fastest-growing cities in America in terms of
gross domestic product (67% increase from 2001 to 2006) and foreign-born
population (65% increase from 2001 to 2007). Census Bureau data show 58%
of Sin City's working immigrants held vulnerable construction or
service-sector jobs.
So, we had this stupid housing bubble creating lots of construction jobs
in boom towns like Las Vegas. But actual American citizen workers didn't
even much get in on the benefits of having those jobs building unneeded
McMansions in the desert because we let in millions of immigrants who
would do those jobs for $5 or $10 less per hour."<<
http://isteve.blogspot.com/2008/10/immigration-boom-towns-are-now-ka-boom.html
--
Message posted using http://www.talkaboutaudio.com/group/rec.audio.opinion/
More information at http://www.talkaboutaudio.com/faq.html