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2024-08-01 14:01:36

Los Angeles Times on Nostr: How is the immigration surge affecting the economy? In a good way, data suggest ...

How is the immigration surge affecting the economy? In a good way, data suggest
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Recent data analysis reveals that immigration has had a positive impact on the U.S. and California economies. Immigrants have filled vacant jobs, contributed to job creation, and generated tax revenue. In California, immigrants make up a significant portion of the labor market, particularly in industries such as agriculture, construction, healthcare, and hospitality. The influx of immigrants has helped keep job creation strong in the state. Despite political rhetoric, research shows that immigration does not have a significant negative effect on wages and employment for native-born U.S. workers. In fact, studies indicate that immigration has benefited non-college-educated native-born workers in terms of wages. Additionally, more immigrants contributing to payroll taxes could alleviate strain on Social Security and Medicare systems. Immigration is seen as vital to keeping the economy healthy, especially in California where there are more jobs being added than there are U.S. citizens reaching working age. Experts emphasize the importance of embracing immigration for long-term economic growth.

#Immigration #Economy #Jobs #California

https://www.latimes.com/california/newsletter/2024-08-01/how-is-the-immigration-surge-affecting-the-economy-in-a-good-way-data-suggest-essential-california
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