The Economy Can’t Be Sustained or Grow Without an Adequate Workforce, Which is Why Legislation Is Needed That Will Streamline theLegal Immigration Process
PHILADELPHIA—An extremely strong week of economic data continued today, with news that American companies added 263,000 new jobs in April, blowing past Wall Street expectations of 190,000, CNBCreported. Additionally, the unemployment rate fell to 3.6%—the lowest in a half-century, since December 1969.
As the economy continues to roll along like a freight train, nationally syndicated host and biblically responsible investing authority Dan Celia says a very pressing question should be: “Who will fill these jobs?” And, for him, the question is not new.
As a regular columnist for Townhall.com, Celia wrote in February of last year that “The Freight Train of the Economy Could Be Derailed.” Way ahead of the curve in the article 15 months ago, Celia pointed to the importance of an adequate workforce and enough workers to sustain a growing economy.
“Despite all the amazing economic news, we have a problem that could derail the economy,” Celia said. “Understand that when the economy is growing, the markets will take care of themselves. Yet, there is one realization about the economy that seems to hopefully be sinking in to our nation’s capital.
“The economy’s fundamentals are strong,” he continued. “By all accounts, it looks as though we are poised and ready for a thriving economic environment. The problem is, it won’t be sustainable if we don’t have enough workers. The economy won’t come to a screeching halt because of inflation or higher interest rates, but because of a lack of workers. Without an adequate workforce, there will be no sustainable, growing economy.”
Legislation is needed that will change and streamline the legal immigration process, Celia added.
“More than enough workers are willing to contribute to the American economy, but between bureaucratic costs and regulatory burdens, it will be very difficult to keep pace with the demand for workers in a thriving economy.”
Celia discusses these and other global and economic headlines on his daily, three-hour program, “Financial Issues,” heard on about 650 television and radio stations nationwide and reaching millions more on several television networks. Through the program, writing and daily interactions, Celia, who leads Financial Issues Stewardship Ministries (FISM, www.FinancialIssues.org), has helped people of faith honor God with their finances and be free from a fear of money.
Read more about Celia, FISM and “Financial Issues” or visit the FISM website, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues; download the FISM app here.
To interview Dan Celia of Financial Issues Stewardship Ministries, contactMedia@HamiltonStrategies.com, Patrick Benner, 610.584.1096, ext. 104, or ext. 102.