Friday, August 4, 2017

Mr. President: Low-skilled Immigrant Workers Actually Help the Economy

From USA Today

The government's latest jobs report Friday undercut President Trump's argument that legal immigration should be cut in half because low-skilled foreign workers are taking jobs from native-born Americans and driving down their wages.

The Labor Department said 209,000 new jobs were created in July, driving down the unemployment rate to 4.3%, matching a 16-year low set in May. The jobless rate for whites was 3.8%, so low that economists consider the number virtually full employment for that group.

The July report was the 82nd consecutive month of net job gains, a record at a time of increased legal immigration.

The average hourly earnings for U.S. workers also continued increasing, rising 2.5% for the year and outpacing inflation. Wage growth has been far higher in the past decades, but immigration experts and economists said numerous studies conclude that immigrants are not the cause of stagnant wages.

"The foundation of what they're (the Trump administration) arguing does not work out in the real world," said Alex Nowrasteh, an economist and immigration policy analyst at the libertarian Cato Institute. Read more....


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