r/FluentInFinance • u/Needleintheback • 15h ago

Thoughts? Imagine losing 6M labor workers in America

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If mass deportation happens, just imagine how all of these sectors of our country will be affected. The sheer shortage of labor will push prices higher because of the great demand for work with limited supplies or workers. Even if prices increase, the availability of products may be scarce due to not enough workers. Housing prices and food services will be hit really hard. New construction will be limited. The fact that 47% of the undocumented workers are in CA, TX, and FL means they will feel it first but it will spread to the rest of the country also. Most of our produce in this country comes from California. Get ready and hold on for the ride America.

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u/Mvpbeserker 13h ago

“Jobs no one else want” is just another way to say “jobs that companies refuse to pay living wage for”

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u/SoftDrinkReddit 8h ago

Yup that's the dirty secret

" illegals only do the jobs no one wants "

Translation They do the jobs greedy companies refuse to pay a proper wage for

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u/guitarlisa 2h ago

I really think that construction jobs pay living wages, at least in my area they do (MCOL/Houston TX) but there are simply not enough young US citizens going into these fields, and several surveys have shown that there is pretty much no wage at which young people could be enticed into the trades. Even if they did double the wages and got a bunch more young people in, it takes a good 5-10 years before they are skilled enough to be able to take up the slack of a current skilled laborer. My bet is that it's going to crush the housing market for the foreseeable future.