Immigration is Fueling Post-Covid US Economic Growth

wing2000

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"About 50 percent of the labor market’s extraordinary recent growth came from foreign-born workers between January 2023 and January 2024, according to an Economic Policy Institute analysis of federal data. And even before that, by the middle of 2022, the foreign-born labor force had grown so fast that it closed the labor force gap created by the pandemic, according to research from the Federal Reserve Bank of San Francisco.

Immigrant workers also recovered much faster than native-born workers from the pandemic’s disruptions, and many saw some of the largest wage gains in industries eager to hire. Economists and labor experts say the surge in employment was ultimately key to solving unprecedented gaps in the economy that threatened the country’s ability to recover from prolonged shutdowns.

“Immigration has not slowed. It has just been absolutely astronomical,” said Pia Orrenius, vice president and senior economist at the Federal Reserve Bank of Dallas. “And that’s been instrumental. You can’t grow like this with just the native workforce. It’s not possible.”

...
There isn’t much data on how many of the new immigrants in recent years were documented versus undocumented. But estimates from the Pew Research Center last fall showed that undocumented immigrants made up 22 percent of the total foreign-born U.S. population in 2021. That’s down compared to previous decades: Between 2007 and 2021, the undocumented population fell by 14 percent, Pew found. Meanwhile, the legal immigrant population grew by 29 percent."


 

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"About 50 percent of the labor market’s extraordinary recent growth came from foreign-born workers between January 2023 and January 2024, according to an Economic Policy Institute analysis of federal data. And even before that, by the middle of 2022, the foreign-born labor force had grown so fast that it closed the labor force gap created by the pandemic, according to research from the Federal Reserve Bank of San Francisco.

Immigrant workers also recovered much faster than native-born workers from the pandemic’s disruptions, and many saw some of the largest wage gains in industries eager to hire. Economists and labor experts say the surge in employment was ultimately key to solving unprecedented gaps in the economy that threatened the country’s ability to recover from prolonged shutdowns.

“Immigration has not slowed. It has just been absolutely astronomical,” said Pia Orrenius, vice president and senior economist at the Federal Reserve Bank of Dallas. “And that’s been instrumental. You can’t grow like this with just the native workforce. It’s not possible.”

...
There isn’t much data on how many of the new immigrants in recent years were documented versus undocumented. But estimates from the Pew Research Center last fall showed that undocumented immigrants made up 22 percent of the total foreign-born U.S. population in 2021. That’s down compared to previous decades: Between 2007 and 2021, the undocumented population fell by 14 percent, Pew found. Meanwhile, the legal immigrant population grew by 29 percent."


What kind of jobs are we talking about, though? If low level and low paid manual jobs, then there is a high risk of "working poor" class growing and of the development trap.

When politicians talk about the benefits of immigration, they always try to picture a mass of engineers, doctors, dentists, scientists, teachers... but the reality is rather more new unhealthy fast foods, more minimal wage slaves in assembly plants and similar.
 
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The Barbarian

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What kind of jobs are we talking about, though? If low level and low paid manual jobs, then there is a high risk of "working poor" class growing and of the development trap.

When politicians talk about the benefits of immigration, they always try to picture a mass of engineers, doctors, dentists, scientists, teachers... but the reality is rather more new unhealthy fast foods, more minimal wage slaves in assembly plants and similar.
Same thing happened to the Irish, German, Italian, and Jewish immigrants when they came in. Low wage jobs. But they didn't stay there. Neither are today's immigrants staying there. BTW, more and more of them are coming in for the tech industries, from Asia. But generally, 2nd generation Americans are wealthier and better educated then their parents.

It's never really changed.
 
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