There's two reasons why the unemployment rate hasn't gone up more. It's because our labor force is shrinking. Us baby boomers are retiring and leaving the workforce. But the bigger one is the amount of Illegal immigrants that were taking enormous amount of jobs the last two years have been moved out of the country. So if they were all still factored in this, I think you'd see that unemployment rate up probably 4.6, 4.7. Now what's happening with layoffs. Well, we just got a report. (56:14–56:21)
CLAIM
Claims that illegal immigrants have been moved out of the country, affecting job availability.
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