Rock-bottom immigration rates leave mark on U.S. economy
Summary
President Donald Trump's immigration policies have caused a big slowdown in U.S. population growth. This slowdown is leading to fewer jobs being created and may reduce the country's economic productivity over many years.Key Facts
- Immigration has fallen sharply due to President Trump's immigration crackdown.
- The U.S. economy is creating fewer jobs because of slower population growth.
- The Federal Reserve found that the job gains needed to keep unemployment steady are near zero.
- States with slower population growth see slower job growth and more job losses.
- The Congressional Budget Office expects labor-force growth to slow significantly in the next decade.
- Research from Yale shows the U.S. could have 4.6 million fewer working-age people by 2033 due to reduced immigration.
- Lower immigration may reduce overall economic productivity by up to 0.44% by 2052.
- Fewer immigrants mean fewer new businesses and entrepreneurs, which can slow economic growth.
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