What a load of horse manure! Turn the task over to Mastercard or Visa. They check millions of transactions every day. This is just a ridiculous excuse for hiring illegals because employers want cheap labor.
I wouldn't be surprised if the actual number was in the hundreds of millions of transactions per day this time of year. And they are doing it globally!
By comparison, verifying employment will be a trivial task. In a really stellar month we create a few hundred thousand net jobs? Allowing for some hiring and firing churn I doubt it would be more than 10 million verification transactions per month.
I don't see the cost of houses or services declining, BTW. Landscaping? Maid or janitorial services? Laundry? I live near a 2 story hick town, and goods and services are big-city prices, despite Spanish being a 2nd language here.