2min snip

The Fifth Column cover image

376 “All the (Unemployed) Young Dudes”

The Fifth Column

NOTE

The Pandemic and Immigration

President Barack Obama says the U.S. had a "natural experiment" with immigration and jobs after the pandemic. It looks like maybe we had a million fewer foreign-born workers in the labor force by the beginning of this year than we would have expected, he said. That did not increase work rates or labor force participation of Americans who are already here,. He added: If you reduce immigration, then you're going to finally bid up wages.

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