Immigration and wages

Editor’s note: Is immigration used to suppress wages in the U.S.?

“In recent years, higher immigration inflows have effectively doubled the number of new jobs the U.S. economy is capable of absorbing every month without overheating, a March analysis from the Brookings Institution found.

Before the pandemic, congressional forecasters predicted that in 2024, the U.S. job market would be able to absorb between 60,000 and 100,000 new jobs a month without triggering an inflation spike.

Based on this model, the 272,000 jobs added to the U.S. economy in May would have set off alarm bells.

But the Brookings researchers recalculated the government’s estimates — this time, factoring in the impact of immigrants on the labor pool. They found that with immigration, the 2024 U.S. job market could safely absorb between 160,000 and 200,000 monthly job gains.” – CNBC