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Bloomberg Businessweek
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Navigating Labor Shortages and Immigration Policies in the US
The chapter explores the economic implications of labor shortages in the US due to immigration policies, with estimates pointing to a $1.75 trillion impact by the end of the decade. It discusses the concerns raised by various business and trade groups regarding the chronic worker shortage and the importance of legal immigration to fill job gaps amid political challenges. Stakeholders are urging policymakers for legislative solutions amidst the backdrop of an impending election year and demographic challenges faced by major economies.
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