Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious
|Subject: New Study Finds That Trump's Immigration Crack Down Could Cost $5 Trillion In GDP Over 10 Years Thu Feb 23, 2017 12:32 am|| |
|Earlier today we wrote about the impacts that Trump's immigration policies may have on the U.S. housing market (see "Could Trump's Immigration Ban Cause Another Housing Crash?"), but that's just the beginning of the story. No matter where you come down on the immigration debate, like it or not, there are millions of low-skill jobs in this country, particularly in the Southwest, that our pampered, snowflake millennials wouldn't touch with a 10-foot pole and are thus filled by "undocumented" workers primarily from Mexico and other portions of South America. |
Courtesy of a recent study from the National Bureau of Economic Research (NBER), we know that the industries that employ the highest percentage of migrant workers are, quite unsurprisingly, industries like Agriculture, Construction and Leisure and Hospitality, all of which require either back-breaking work in the blistering sun and/or low pay. In fact, per the NBER study, nearly 20% of all agricultural labor in the United States is performed by illegal aliens while 13% of construction jobs are filled by illegals....jobs that most entitled American youth are unlikely to fill at almost any price.
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