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Search resuls for: "Simon Hankinson"


3 mentions found


☆ U.S. legal immigration policy should prioritize the economy, experts argue
  + stars: | 2024-03-13 | by ( Juhohn Lee | ) www.cnbc.com   time to read: +1 min
The U.S. has more foreign-born residents than any other country, according to the Council on Foreign Relations. But today, less than 1% of those looking to reside permanently in the U.S. can do so legally, according to research by the Cato Institute. "Most other developed nations in the world have a much higher percentage of their immigration system based on economics," according to Theresa Cardinal Brown, a senior advisor on immigration and border policy at the Bipartisan Policy Center. The U.S. legal immigration system is in dire need of reform to make it work for the U.S. economy, experts say. Watch the video above to see why the U.S. is having so much trouble solving the immigration crisis.
Persons: Theresa Cardinal Brown, Brown, Simon Hankinson Organizations: U.S, Foreign Relations, Cato Institute, Center, Department of Homeland Security, Heritage Foundation Locations: U.S
☆ The immigration crisis may bankrupt cities such as New York, Denver and Chicago as federal funds fall short of needs
  + stars: | 2024-02-24 | by ( Juhohn Lee | ) www.cnbc.com   time to read: +2 min
The recent surge of migrants has put major cities across the U.S. under significant financial pressure. But experts say more federal assistance and funding are necessary to ensure that cities can survive the ongoing crisis. For instance, the $145 million allocated to New York City is less than 10% of what the city spent on migrant services in fiscal 2023, according to the Migration Policy Institute, a nonpartisan think tank. "These are complicated issues to manage, so the city, the state and the federal government, frankly, were not prepared for it." Watch the video above to see just how much financial pressure cities across the U.S. are facing due to the ongoing migrant crisis.
Persons: Biden, Simon Hankinson, Debu Gandhi, Muzaffar Chishti Organizations: The Heritage Foundation, The Center, American Progress, FEMA, Migration Policy Institute Locations: New York, Denver, Chicago, Washington ,, New York City, U.S
☆ There are almost 4 million more open roles than job seekers in the U.S. Here's why some economists think the immigration and labor crises are related
  + stars: | 2023-08-26 | by ( Lindsey Jacobson | In | ) www.cnbc.com   time to read: +3 min
The U.S. had more than 9 million open roles in June, and while that’s down from the peak of 12 million in March 2022, it’s still among the highest number of openings we’ve had since before 2000. With 5.8 million unemployed workers in the U.S., some economists say all of these roles are unlikely to be filled by people currently living in the U.S. Fifty-one percent of Americans surveyed by the Cato Institute worry immigration could reduce the number of jobs available. Hankinson explained the current visa system, specifically in the case of the HB-1 visa, undercuts the skilled labor market by bringing in workers from abroad. Watch the video to learn more about how U.S. immigration policies impact economic growth and how the U.S. can fix it.
Persons: it’s, ” David J, Bier, “, Darrell Bricker, Dany Barah, ” Bahar, ”, Simon Hankinson, Hankinson, It's Organizations: U.S, Cato Institute, CNBC, Cato, Ipsos Public Affairs, Brown University, Occupational Opportunity Network, Heritage Foundation, HB Locations: U.S, United States, Canada, Venezuelan
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