SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (1489492)9/28/2024 6:58:09 PM
From: Brumar891 Recommendation

Recommended By
Bill

  Respond to of 1570444
 
Who's Big Mike?



To: Bill who wrote (1489492)9/28/2024 7:06:40 PM
From: Brumar892 Recommendations

Recommended By
Goose94
pocotrader

  Respond to of 1570444
 
Are immigrants taking jobs from 'native' U.S. workers? Here's what economists say (msn.com)
  • Immigration is a top issue in the 2024 U.S. presidential election for supporters of former President Donald Trump, the Republican nominee.
  • Trump has said at campaign events that immigrants are taking jobs away from U.S.-born workers.
  • Labor economists say immigrants benefit the overall job market and economy. There's an ongoing debate about impact on wages for workers without high school degrees.



The first debate between Vice President Kamala Harris and former President Donald Trump is shown on television at the Juventud 2000 migrant shelter in Tijuana, Mexico, on Sept. 10, 2024. Immigration has been a hot topic throughout the presidential campaign.

The idea that immigration has a negative impact on the U.S. job market is a common theme of former President Donald Trump's speeches on the presidential campaign trail.

"They're taking your jobs," the Republican nominee told supporters on Sept. 21 in Wilmington, North Carolina.


( They're taking your jobs and are on welfare too.


BTW its interesting that donnie hires almost entirely foreign workers for his clubs. He thinks American workers are dumb and incompetent losers. )

Immigration is also a top issue for Republican voters: 82% of Trump supporters say immigration is "very important" to their vote in the 2024 presidential election, second only to the economy, according to the Pew Research Center. It's the lowest-priority issue for Democrats, Pew found. Pew polled 9,720 U.S. adults from Aug. 26 through Sept. 2.

However, evidence suggests immigrants help the overall economy. And, at a high level, they aren't taking jobs from or reducing the wages of U.S.-born (or so-called native) workers, according to economists who study the impact of immigration on the labor market.

"Overall, the consensus is very strong that there are not significant costs to U.S.-born workers from immigration, at least the type of immigration we have historically had in the U.S.," said Alexander Arnon, director of business tax and economic analysis at the Penn Wharton Budget Model.

Immigrants expected to boost the economyThere are several reasons why immigrants largely benefit the economy and job market, economists said.

For one, the job market isn't static.

Immigrants take jobs but they also create new ones by spending in local economies and by starting businesses, economists said. One 2020 research paper from the National Bureau of Economic Research found immigrants are 80% more likely to become entrepreneurs than native workers.

A recent "surge" of immigrants to the U.S. is expected to add $8.9 trillion (or 3.2%) to the nation's GDP over the next decade, according to the Congressional Budget Office, a nonpartisan scorekeeper for Congress.

"That's enormous," said Michael Clemens, a professor at George Mason University and an economist whose research examines the economic causes and effects of migration. "That creates jobs, that raises pay, that is an increase in the size and complexity of the U.S. economy."

Immigrants also aren't perfect substitutes for U.S. citizens in many job positions; in fact, the two groups often complement each other rather than compete, economists said.

However, some economic research suggests immigration can impact the wages of certain subgroups of U.S.-born workers, especially those with lower levels of educational attainment.

Some economists contend an influx of immigrants can reduce wages for such Americans in the short term, though other researchers have found that Americans ultimately benefit, partly because those in direct competition with immigrants are able to find higher-paying jobs.

"Not everybody agrees about it," Clemens said.

A big supply of new labor due to immigration can be "difficult and anxiety-inducing" for American workers who must adjust, he added.

"But people end up in better circumstances," he said.

Immigration helped cool 'overheated' job market


The El Chaparral pedestrian border crossing at the San Ysidro Port of Entry in Tijuana, Mexico, on Jan. 4, 2024.

Immigrants accounted for about 14% of the U.S. population in 2022, according to Pew, citing most recently available federal data.

Most are in the U.S. legally: Undocumented immigrants represented 3.3% of the total U.S. population and 23% of immigrants in 2022, Pew said. Their number has increased in recent years, to 11 million, but remains below its 2007 peak of more than 12 million.

The number of immigrants coming to the U.S. has "increased sharply in recent years," the CBO wrote in July.



To: Bill who wrote (1489492)9/28/2024 7:13:06 PM
From: Brumar895 Recommendations

Recommended By
Doren
Goose94
Land Shark
pocotrader
rdkflorida2

  Read Replies (1) | Respond to of 1570444