Did Immigration Help the US Increase Jobs While Reducing Inflation?
Summary from the AllSides News Team
Job numbers are rising, and inflation has slowed. While economic data points to growth, many people feel like the economy is doing poorly. Could immigration help explain these discrepancies?
‘The emerging consensus’: An analysis from The Wall Street Journal (Center bias) said the recent “surge” in immigration “not only explains inconsistencies in the jobs data but suggests the economy can keep adding plenty of jobs without overheating.” Two researchers from the Brookings Institution (Center bias) agreed, writing in TIME Magazine (Lean Left bias) that immigration “means the labor market may not need to slow much to bring down inflation.”
‘A boon for the economy’: An analysis in Semafor (Lean Left bias) framed this trend more positively, saying the border crisis was a “political curse” for President Joe Biden but a “blessing” for the economy: “Economists usually discuss the benefits of immigration in terms of their long-term impact on issues like productivity and population growth, but the latest research is a reminder that new workers can also offer short-term oxygen to an economy that might otherwise run out of breath.”
‘Just a migrant job fair’: Fox News (Opinion rated Right) host Jesse Watters took a substantially more negative tone. Watters said post-pandemic job growth was “not for people born here, born somewhere else,” adding, “This is the great replacement theory the Democrats said is so racist.” The “migrant mirage” gets “even more suspicious,” Watters said, because the prevalence of part-time jobs “pushes our wages down and at the same time triggers inflation.”
Featured Coverage of this Story
From the Center
The Jobs Numbers Aren’t Adding Up. Immigration Helps Explain Why.U.S. employment figures contain a mystery that has left many economists scratching their heads: How is the country generating so many jobs even while the unemployment rate has drifted up?
The emerging consensus: a surge in immigration. It not only explains inconsistencies in the jobs data but suggests the economy can keep adding plenty of jobs without overheating. That in turn would let the Federal Reserve still consider interest-rate cuts.
The Labor Department’s Bureau of Labor Statistics bases its monthly employment figures on two surveys. One survey of about 119,000 businesses and government agencies,...
From the Right
Biden's economic boom is not for Americans, but for illegal immigrantsFox News host Jesse Watters reacts to Federal Reserve Chairman Jerome Powell allegedly confessing to a "migrant job fair" on "Jesse Watters Primetime."
JESSE WATTERS: The Fed chair just confessed that "Bidenomics" is just a migrant job fair. There are actually a million less American citizens working today than there were in 2020. As the U.S. economy reopened after the pandemic, Biden has created 5 million migrant jobs. 5 million jobs, not for people born here, born somewhere else. Illegal immigrants walk across the border, Biden busses them to New York,...
From the Left
The border crisis might be a boon for the economyThe daily march of migrants across the Southern border has been a political curse for President Joe Biden. But for the economy, it may have turned out to be a blessing.
By adding millions of new workers to the labor market, the immigration surge has lifted payrolls and growth, and potentially helped keep a lid on consumer prices, according to recent research. Capitol Hill’s budgeteers also think it stands to reduce the deficit in the coming years.
In an analysis published earlier this week, Ernie Tedeschi, a former Biden White House...
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