Immigration policy is creating lose-lose situations https://v.redd.it/gkwbw161hsrf1 by 56000hp Tags:Economy 1 comment Immigration was famously shown to [lower wages in Borjas’ research who found that a 10% increase in supply reduced wages by 3% to 4%](https://www.nber.org/papers/w9755). Fed research showed the immigration influx under Biden [lowered wage growth and lowered job vacancies and the effect was strongest in industries with high levels of immigrant employees when regression was run](https://www.kansascityfed.org/research/economic-bulletin/rising-immigration-has-helped-cool-an-overheated-labor-market/). It was also shown that [during Covid, when immigration restrictions were enacted (reducing the supply of immigrants), real wages increased and unemployment decreased and again, the effects were strongest in industries with high levels of immigrant employees when regression was run](https://www.kansascityfed.org/documents/8799/EconomicBulletin22CohenShampine0511.pdf). Research by Albert Saiz shows [“an immigration inflow equal to 1% of a city’s population is associated with increases in average rents and housing values of about 1%.”](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=570583) H-1b immigration [lowers employment and wages (paper showing H-1b CS degrees reduced wages of US native-born CS degrees by 2.6% – 5.1% and employment would have been 6.1% – 10.8% higher for US native born workers if not for H-1b)](https://www.nber.org/system/files/working_papers/w23153/w23153.pdf). The effects were [replicated in nursing](https://pmc.ncbi.nlm.nih.gov/articles/PMC3243945/). There is a cumulative effect to all of these anti-wage and employment policies that the US working class suffers from. Comments are closed.
Immigration was famously shown to [lower wages in Borjas’ research who found that a 10% increase in supply reduced wages by 3% to 4%](https://www.nber.org/papers/w9755). Fed research showed the immigration influx under Biden [lowered wage growth and lowered job vacancies and the effect was strongest in industries with high levels of immigrant employees when regression was run](https://www.kansascityfed.org/research/economic-bulletin/rising-immigration-has-helped-cool-an-overheated-labor-market/). It was also shown that [during Covid, when immigration restrictions were enacted (reducing the supply of immigrants), real wages increased and unemployment decreased and again, the effects were strongest in industries with high levels of immigrant employees when regression was run](https://www.kansascityfed.org/documents/8799/EconomicBulletin22CohenShampine0511.pdf). Research by Albert Saiz shows [“an immigration inflow equal to 1% of a city’s population is associated with increases in average rents and housing values of about 1%.”](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=570583) H-1b immigration [lowers employment and wages (paper showing H-1b CS degrees reduced wages of US native-born CS degrees by 2.6% – 5.1% and employment would have been 6.1% – 10.8% higher for US native born workers if not for H-1b)](https://www.nber.org/system/files/working_papers/w23153/w23153.pdf). The effects were [replicated in nursing](https://pmc.ncbi.nlm.nih.gov/articles/PMC3243945/). There is a cumulative effect to all of these anti-wage and employment policies that the US working class suffers from.
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Immigration was famously shown to [lower wages in Borjas’ research who found that a 10% increase in supply reduced wages by 3% to 4%](https://www.nber.org/papers/w9755).
Fed research showed the immigration influx under Biden [lowered wage growth and lowered job vacancies and the effect was strongest in industries with high levels of immigrant employees when regression was run](https://www.kansascityfed.org/research/economic-bulletin/rising-immigration-has-helped-cool-an-overheated-labor-market/). It was also shown that [during Covid, when immigration restrictions were enacted (reducing the supply of immigrants), real wages increased and unemployment decreased and again, the effects were strongest in industries with high levels of immigrant employees when regression was run](https://www.kansascityfed.org/documents/8799/EconomicBulletin22CohenShampine0511.pdf).
Research by Albert Saiz shows [“an immigration inflow equal to 1% of a city’s population is associated with increases in average rents and housing values of about 1%.”](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=570583)
H-1b immigration [lowers employment and wages (paper showing H-1b CS degrees reduced wages of US native-born CS degrees by 2.6% – 5.1% and employment would have been 6.1% – 10.8% higher for US native born workers if not for H-1b)](https://www.nber.org/system/files/working_papers/w23153/w23153.pdf). The effects were [replicated in nursing](https://pmc.ncbi.nlm.nih.gov/articles/PMC3243945/).
There is a cumulative effect to all of these anti-wage and employment policies that the US working class suffers from.
Comments are closed.