Trump’s plan for broad deportations threatens a labor market boosted by immigration after the pandemic.
A labor market boosted by immigration after the Covid pandemic faces a threat from President-elect Donald Trump's plan for mass deportation of undocumented immigrants.
A labor market boosted by immigration after the Covid pandemic faces a threat from President-elect Donald Trump's plan for mass deportation of undocumented immigrants.Foreign-born workers have been taking open positions in sectors from construction and agriculture to technology and health care, fields where hiring companies have struggled to find domestic labor. Immigrant workers made up 18.
The Trump campaign has downplayed the potential economic ramifications of deportations. In a statement to CNBC, Trump-Vance transition spokeswoman Karoline Leavitt said Trump will orchestrate"the largest deportation operation" in U.S. history"while simultaneously lowering costs for families and strengthening our workforce."
The researchers estimated Trump's immigration policy could reduce 2025 GDP growth by 0.1 to 0.4 percentage points, or by $30 billion to $110 billion. Wendy Edelberg, one of the authors and a senior fellow at the institution's Hamilton Project, said that in sectors where there will be significant reductions in labor supply, it will be more expensive for companies to provide goods and services, leading to higher inflation. But some other factors could ease inflation.
"The solution is immigration reform — namely reforms of the H-2A agricultural visa program, which allows people from certain countries to enter the United States temporarily for on-farm jobs, and earned legal status for our current workforce," she said.
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