highnote
02-01-2009, 10:36 PM
I was wondering wondering what happened to all the tellers at my bank whose first language was American English. Now the tellers are mostly Spanish and Polish. Guess this article explains it.
When the American auto companies rebound it will be because they'll build cars here rather than export them. They will import foreign workers instead.
It's going to happen.
Oh, and when you retire to assisted living or a nursing home... you can count on being taken care of by a foreign worker.
But it's OK. Michael Bloomberg, Mayor of NYC, thinks it's a good idea to bring in foreign workers.
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http://finance.yahoo.com/news/AP-Investigation-Banks-sought-apf-14218440.html
AP Investigation: Banks sought foreign workers
AP Investigation: Bailed-out banks sought to hire 21,800 foreign workers in past 6 years
Frank Bass and Rita Beamish, Associated Press Writers
Sunday February 1, 2009, 6:57 pm EST
Yahoo! Buzz Print .SANTA CLARA, Calif. (AP) -- Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs even as the system was melting down last year and Americans were getting laid off, according to an Associated Press review of visa applications.
The dozen banks now receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers, junior investment analysts and human resources specialists. The average annual salary for those jobs was $90,721, nearly twice the median income for all American households.
(The rest at the link above)
When the American auto companies rebound it will be because they'll build cars here rather than export them. They will import foreign workers instead.
It's going to happen.
Oh, and when you retire to assisted living or a nursing home... you can count on being taken care of by a foreign worker.
But it's OK. Michael Bloomberg, Mayor of NYC, thinks it's a good idea to bring in foreign workers.
********************
http://finance.yahoo.com/news/AP-Investigation-Banks-sought-apf-14218440.html
AP Investigation: Banks sought foreign workers
AP Investigation: Bailed-out banks sought to hire 21,800 foreign workers in past 6 years
Frank Bass and Rita Beamish, Associated Press Writers
Sunday February 1, 2009, 6:57 pm EST
Yahoo! Buzz Print .SANTA CLARA, Calif. (AP) -- Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs even as the system was melting down last year and Americans were getting laid off, according to an Associated Press review of visa applications.
The dozen banks now receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers, junior investment analysts and human resources specialists. The average annual salary for those jobs was $90,721, nearly twice the median income for all American households.
(The rest at the link above)