It shouldn’t come as a surprise to anyone that studies show that being out of the job market can have a devastating impact on your ability to earn a living in the long-term. A new study out now shows this to be statistically true. By the way, this also suggests the United States needs to get rid of the H1-B and the H2-B and H1-B visas. These visas are mainly used by US corporations and other companies to undermine the compensation of US workers, thereby redistributing more money to the rich.
Increase the supply of workers and you lower the compensation for them. And then these visas allow some companies to completely displace US workers.