Amid the stalled economy, college graduates comprise roughly one-third of the minimum-wage workforce. Half of recent graduates are working in jobs sought by high-school graduates and dropouts, and roughly 20 million skilled and unskilled Americans lack full-time jobs.
The Senate’s draft immigration bill will provide 1 million visas for foreign workers each year, according to government data and news reports.
The 1 million inflow would provide companies with almost one foreign worker for every four Americans who turn 18.
The inflow would be high enough to fill up all the new non-farm jobs created during the last six months, and it is in addition to the routine annual inflow of 540,000 working-age immigrants.
The 1 million worker inflow would include at least 350,000 people capable of competing for middle-class skilled jobs sought by the 1.8 million Americans who graduate from university each year. Only about 10 percent of the visa workers are farm workers.
“I believe in a free-market, but this [inflow] will aggravate the problems for [American] graduates,” Richard Vedder, director of the libertarian Center for College Affordability and Productivity, told The Daily Caller.
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