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Search resuls for: "George Borjas"


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Immigrants expected to boost the economyThere are several reasons why immigrants largely benefit the economy and job market, economists said. Immigrants take jobs but they also create new ones by spending in local economies and by starting businesses, economists said. One 2020 research paper from the National Bureau of Economic Research found immigrants are 80% more likely to become entrepreneurs than native workers. To the extent there's job competition from new immigrants, it tends to fall mostly on prior immigrants rather than native U.S. workers, according to the National Academies paper. "Sudden surges of immigration obviously affect the ability of native workers to find and take jobs on a given afternoon," Clemens said.
Persons: Kamala Harris, Donald Trump, Carlos Moreno, NurPhoto, Donald Trump's, Pew, Alexander Arnon, Michael Clemens, Clemens, Cohen, Giovanni Peri, it's, Peri, Arnon, Penn Wharton, Tim Chapman, George Borjas, Borjas —, , Mariel boatlift, Borjas, Stephen Miller, Trump, Anna Kelly, David Card, Joe Sohm Organizations: Juventud, Getty, Republican, Trump, Pew Research Center, Pew, Penn Wharton Budget Model, Immigrants, National Bureau of Economic Research, Congressional, Office, Congress, George Mason University, Penn Wharton Budget, Immigration, El, Bloomberg, U.S, Global Migration, University of California, National Academies of Sciences, Engineering, National Academies, Florida Straits, Miami Herald, Harvard, Academies, Republican National Committee, America, Universal Locations: Tijuana , Mexico, Wilmington , North Carolina, U.S, El Chaparral, San Ysidro Port, Davis, Key West , Florida, Mariel, Florida, South Florida, Miami, USA, San Francisco
President Biden is sending 1,500 troops to the southern border. Yet, his secretary of Homeland Security says employers "are desperate for workers." The COVID-era rule expired May 11, so the Biden administration is now sending troops to tamp down on border crossings. Despite taking such measures to police the border, Biden's Department of Homeland Security argued on the day that Title 42 ended that immigrant labor is needed to address America's labor shortage. As a result, native workers who dropped out of high school and typically earn $25,000 annually saw their earnings drop by between $800 and $1,500 each year, he estimated.
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