One Vision

Oct 3, 2023

News Provided By Share This Article 3 Continents, 1 Vision: Seun Mafa's Mission to Reboot U.S. Job Markets 'As jobs journey to Asia and Africa, it's not just a corporate shift, but America's heart and soul at stake.' - Dr. Seun Mafa” — "Seun Mafa DALLAS, TX, USA, October 3, 2023 / EINPresswire.com / -- From the bustling streets of New York to the vast landscapes of Montana, a silent economic tremor is resonating. The aspirational heartbeat of the nation, the American Dream, stands at a pivotal crossroad. A disconcerting migration of jobs from America's thriving cities and towns to distant shores in Asia and Africa is underway. Lured by fleeting short-term profits, several corporations are now tapping into overseas markets, where talent costs can be as meager as $2 a day. This paradigm shift has cast a shadow on America's skilled and dedicated workforce, potentially derailing the country's storied economic narrative. Dr. Seun Mafa, an immigrant to the USA with the unique experience of growing up across three continents, currently calls Dallas, Texas, his home. As the Principal for Ignite Consults LLC and 5Africa INC., which specialize in IT Consulting and E-learning services respectively, he brings an invaluable global perspective to this pressing issue. His background equips him with a deep understanding of both sides of this story - the allure of foreign labor markets for corporations and the challenges faced by the American workforce. His research unveils some unsettling data: Wages on the Wane: A chilling report from the Bureau of Labor Statistics (2021) highlights that with jobs moving overseas, America's median wage growth has plateaued at a mere 1.2% over the past decade, considering inflation. Inflation's Relentless March: The Federal Reserve's dossier (2022) paints a grim picture, with the American purchasing power dwindling as consumer costs rise by 3.5% annually. The Housing Quandary: The National Association of Realtors (2022) recently indicated a 7.8% surge in median housing prices in just one year. Societal Undercurrents: Beyond the pocketbook, the soul of the society is also affected. Disturbing findings from the National Institute of Mental Health showcase a 12% uptick in reported mental health cases since 2020. With a note of gravitas, Dr. Mafa warns, "Our corporate dalliance with low-cost overseas labor might be scripting a lamentable chapter in the rich tapestry of America's economic history." Advocating for proactive change, Dr. Mafa champions: Trade Treaty Overhaul: Reinventing agreements to ensure the American workforce remains paramount. Energizing Home Turf Production: Proposing tax incentives to companies that prioritize domestic operations, heralding a potential job resurgence. Skill Renaissance: Amplifying national programs dedicated to refining the American workforce's skillset, preparing them for global competition. Innovation Ignition: Bolstering homegrown R&D to ensure the U.S. remains an epicenter of global advancements. Wage Awakening: Lobbying businesses to recalibrate wages to reflect the real costs of American living. Dr. Seun Mafa declares with determination, "The legacy of the American Dream is not just history; it's our future. Let's pen its next vibrant chapter together." For exclusive interviews, in-depth discussions, or a rendezvous with the data, reach out to: Loreen Nkosi info@igniteconsults.com or info@5africa.com