Breitbart Business Digest: Home Depot’s $5.5 Billion Bet on the End of Cheap Labor
The Home Depot–GMS deal shows us that forward-looking firms are planning for a world where labor is scarce, immigration is limited, and scale is king.

The Home Depot–GMS deal shows us that forward-looking firms are planning for a world where labor is scarce, immigration is limited, and scale is king.
Billionaire hedge fund manager Christopher Hohn, an investor in Google, admits there is no labor shortage in the United States tech industry despite claims that more foreign visa workers are needed to fill jobs.
Canada’s Immigration Minister Sean Fraser, a member of the Liberal government of Prime Minister Justin Trudeau, has called for even more immigration to Canada despite 2022 seeing a record influx.
On Tuesday’s broadcast of MSNBC’s “Morning Joe,” Labor Secretary Marty Walsh argued that “we’re going to have to have a real serious conversation in this country about immigration and immigration reform” in order to address the shortage of workers which
Portugal’s government will liberalise migration rules, using immigration as a quick fix for gaps in the labour market.
Spain’s leftist government is pushing for more migrant workers and an illegal aliens amnesty to fill gaps in the workforce, despite the country having one of the highest rates of unemployment in the European Union.
During an interview on MSNBC on Friday, White House Council of Economic Advisers member Jared Bernstein stated that the nearly 2:1 ratio of available jobs to people looking for work and difficulty in filling jobs is due to increased demand,
One of Germany’s ruling government parties has demanded that Germany “immediately” take in even more migrants despite the country’s ongoing gas crisis.
The European Central Bank has suggested that the massive influx of Ukrainian refugees into the EU could be used to ease the bloc’s labour shortages.
According to a recent report, orders for automated technology and robots have increased by 40 percent in the first quarter of 2022 as businesses seek solutions to ongoing labor shortages. One MIT professor warned: “Automation, if it goes very fast, can destroy a lot of jobs. The labor shortage is not going to last. This is temporary.”
On Wednesday’s broadcast of MSNBC’s “Way Too Early,” Rep. Debbie Dingell (D-MI) stated that one issue contributing to the national baby formula shortage is that “we’ve got a hiring crisis in this country.” And as a result, “FDA is having
The German Economy Minister called for even more migrants to come to Germany to fill gaps in the labour market.
It was right there all along!
Spirit AeroSystems and Textron could be “the most hit” among the United States aerospace and defense companies and “face the loss of several employees” if President Joe Biden’s federal vaccine mandate goes into effect, according to a Wednesday Reuters report.
On Tuesday’s broadcast of MSNBC’s “Morning Joe,” Labor Secretary Marty Walsh stated that in order for small businesses to get their employees back to work, “the biggest thing is going to be COVID-19, quite honestly, making sure that we’re getting
A school district in Missouri is turning to students to help fill its vacant positions due to staffing issues.
On Wednesday, Secretary of Transportation Pete Buttigieg claimed the child care plan included in President Joe Biden’s so-called “Build Back Better Act” would help solve the ongoing labor crisis.
Several Republican senators led by Sen. Roger Marshall, M.D. (R-KS) sent a letter to Senate Majority Leader Chuck Schumer (D-NY) on Wednesday pledging to block any funding of President Joe Biden’s “coercive” federal Chinese coronavirus vaccine mandate.
Fast-food chain Raising Cane’s Chicken Fingers is sending a significant number of its corporate employees to work as cashiers and fry cooks amid labor shortages.
On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Peter Meijer (R-MI) said that if there aren’t workers to actually work on the infrastructure projects in President Joe Biden’s proposals, nothing will be built. Meijer stated, “[T]his
Billionaire corporate executives say President Joe Biden ought to use his massive Afghan resettlement operation to fill unfilled jobs in the United States.
Shortages of supplies and labor are pushing prices higher and stifling growth in the services sector.
During an interview aired on Friday’s edition of PBS’ “Firing Line,” economist Lawrence Summers argued that one reason for the job shortage is that we have “completely inappropriate” unemployment benefits “on excessively generous terms where we’re giving people more money for
On Monday’s “CNN Newsroom,” New Jersey Gov. Phil Murphy (D) stated that enhanced unemployment benefits might be one cause of labor shortages, one way that the shortage is being resolved is by increasing wages, which Murphy conceded “may be a
Wages and hours are up but businesses are still struggling to hire because unemployment benefits are set so high.
Florida is ending on June 26 the federal unemployments benefits to residents in a bid to get 460,000 unemployed Floridians back on payrolls.
Inflationary pressures glared out from the Richmond Fed’s monthly manufacturing report.
Despite efforts by President Joe Biden’s administration to pack the United States workforce with more foreign labor, there remain about 16.4 million Americans who are jobless but want a full-time job and millions more who are underemployed.
Industry CEOs believe President Biden’s coronavirus relief plan is adding to a labor shortage for restaurants by paying people to stay home.
Tens of millions of Americans have lost their jobs and are collecting unemployment. Yet businesses across the U.S. tell Fed officials they cannot find enough workers.
Millions of Americans remain jobless, but all want full-time jobs, even as President Joe Biden’s administration seeks to flood to United States labor market with foreign competition via more legal immigration and an amnesty for millions of illegal aliens.
Tens of millions of Americans remain jobless, but all want full-time jobs, mostly as a result of economic shutdowns spurred by the Chinese coronavirus crisis, new unemployment data shows.
Working class Americans are experiencing a higher level of unemployment than middle class and white-collar professionals — showing no signs of a labor shortage — new analysis finds.
There remain more than 35.1 million Americans who are unemployed, out of the labor force, and underemployed, but all of whom want full-time jobs, showing no shortage of labor from which business can hire.
More than 19.5 million Americans are continuing to receive unemployment benefits, a continued sign that there is no shortage of labor in the United States workforce.
American medical school graduates are asking President Trump to expand his executive order to halt the H-1B and J-1 visa programs that import thousands of foreign doctors every year — taking jobs from qualified Americans who are unmatched for residencies.
While 47 Republican lawmakers ask President Trump to bring more foreign workers to the United States, there remains no labor shortage with 30 million Americans unemployed, all of whom want full-time jobs.
Despite more than 33 million Americans filing for unemployment in recent weeks due to the Chinese coronavirus crisis, business is continuing to demand more foreign workers to take jobs in the United States.
Big business and Big Agriculture is complaining of labor shortages and high wages while the Chinese coronavirus crisis has spurred mass unemployment with at least 22 million Americans out of work.
There remain about 11.4 million Americans who are out of work, sitting on the labor market sidelines but wanting full-time jobs.