Posted on 11/28/2017 7:00:17 AM PST by gubamyster
A huge Chicago bakery is now hiring Americans at higher wages, following a federal immigration enforcement action which forced the firing of 800 illegal immigrants. The forced departure of the illegal-immigrant workers at the Chicago-based Cloverhill bakery was a financial shock to the Swiss company which bought the bakery from a U.S. investment group in 2014. The illegals comprised one-third of the bakery’s employees, so U.S. sales fell by seven percent when the enforcement forced the company to rebuild its workforce by hiring Americans, the CEO told Wall Street analysts, according to Bloomberg:
“It’s proceeding very, very slowly because it’s like having a brand new factory and a brand new workforce,” Chief Executive Officer Kevin Toland said on a call with analysts. “That’s presenting a lot of challenges, as you can imagine” …
The increase in employment costs — which is affecting retailers and restaurants nationwide — will eventually lead to higher consumer prices, Toland said.
Company officials blamed the illegal-immigrant workforce on an outside staffing firm which was investigated by federal agencies. However, some employees had complained about racial antagonism before the federal review. Also, the firm suddenly lost $1 billion in stock value in the seven days after Donald Trump was inaugurated and promised his “Buy American, Hire American” policy.
The loss of illegal immigrants can be very expensive for a company because the new American hires can demand higher wages — and most of the prior employers will then demand similar pay levels.
(Excerpt) Read more at breitbart.com ...
Sometimes 2+2 really does equal 4.
This what the immigration advocate on Tucker was supporting last night - he actually took the big farm corporation point of view that how else will we keep groceries cheap, unless we allow agribusiness to continue breaking the law.
It’s amazing how so many people can’t figure this out.
Yes it does. The employers will find that we’re willing to spend fifty cents more for a burger in trade for them not employing illegal aliens, and the illegals will self-deport. Winning.
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