Thanks to immigration reform and Obamacare jobs have become a premium in the United States. Many years ago there used to be only a select few industries that could easily replace an employee if they didn’t like what they were doing with 100 or more who would give their right arm to be in their place. This is becoming the new normal for all kinds of jobs. There is a new mentality that employees could easily be replaced with someone who is willing to work longer and harder for less pay. Unemployment is so bad that if a business can save money by not paying for health insurance and just pay for the Obamacare fines then they will find someone who is willing to work without insurance or asking for insurance. Moreover, due to immigration reform there is going to be an influx of new workers, and if you don’t like your job or how your being treated than too bad. The more competition for regular jobs the more likely the accepted perks that come with it like vacation days, retirement benefits, or health insurance will go away. We have become accustomed to this as a culture. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins The Blaze TV with Wilkow to discuss how the laws of supply and demand can impact either side of the jobs market, the employer and the employee, and where the U.S. jobs market needs to be heading.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: ed butowsky, financial advisor, health insurance, immigration reform, insurance, jobs, obamacare, unemployment, us jobs, wealth manager
