Trumponomics What Will Be the Economic Fallout of Trump’s Immigration Crackdown?
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Jul 2, 2025 In this insightful discussion, Jonathan Levin, a Bloomberg Opinion columnist, and Kate Davidson, Bloomberg’s managing editor for US economic policy, delve into the impacts of Trump’s immigration crackdown on the economy. They explore how stringent policies have disrupted labor markets, particularly in key industries, and the chilling effects on employment decisions. The conversation also highlights the potential long-term benefits of such policies, like forcing businesses to improve wages and employment conditions to attract necessary workers.
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Chilling Labor Market Effect
- The crackdown on immigration is causing a chilling effect on labor supply, especially in immigrant-heavy cities like Miami.
- Employers face uncertainty as workers fear deportation, affecting sectors like hospitality and warehousing.
Immigration Raids Hurt Agriculture & Industry
- In Los Angeles, garment factories are quiet and farms have empty fields due to workers fearing immigration raids.
- Texas dairy farmers and Idaho onion growers struggle as workers avoid coming to work.
Health Industry Faces Worker Shortages
- The home health aide sector is among the fastest growing U.S. jobs and heavily reliant on foreign-born workers.
- Immigration enforcement actions have caused staffing shortages in this critical healthcare sector.