Poster Number

073

Submitting Student(s)

Lilibeth LopezFollow

Session Title

Immigration

College

College of Business Administration

Department

Department of Accounting, Finance, and Economics

Faculty Mentor

Louis Pantuosco, Ph.D.

Abstract

Immigration has a significant impact on U.S. economic growth. Immigrants account for 14.4% (over 44 million) of the U.S. population. Their success has an important impact on the U.S. economy. This paper will focus on the impact of immigration on employment and wages. The Center for Immigration Studies shows that immigration has impacts on wages and employment. The negative effect of immigration on wages is primarily confined to native workers in low-skilled occupations. Immigration lowers wages for those at the bottom of the economic scale. Factors such as technological change and globalization have also played a role in the deterioration in wages for lower-skilled workers. Lower wages increase unemployment, which leads to fewer natives wanting to accept lower wages. Even with lower wages, the introduction of immigrants in the labor force increases consumption, spending, and investing, which leads to an increase in GDP and economic growth. This paper will address the benefits and costs of immigration on the U.S. labor market.

Course Assignment

ECON 345 – Pantuosco

Start Date

24-4-2020 12:00 AM

Included in

Economics Commons

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Apr 24th, 12:00 AM

What Immigration Means For U.S. Employment and Wages

Immigration has a significant impact on U.S. economic growth. Immigrants account for 14.4% (over 44 million) of the U.S. population. Their success has an important impact on the U.S. economy. This paper will focus on the impact of immigration on employment and wages. The Center for Immigration Studies shows that immigration has impacts on wages and employment. The negative effect of immigration on wages is primarily confined to native workers in low-skilled occupations. Immigration lowers wages for those at the bottom of the economic scale. Factors such as technological change and globalization have also played a role in the deterioration in wages for lower-skilled workers. Lower wages increase unemployment, which leads to fewer natives wanting to accept lower wages. Even with lower wages, the introduction of immigrants in the labor force increases consumption, spending, and investing, which leads to an increase in GDP and economic growth. This paper will address the benefits and costs of immigration on the U.S. labor market.

 

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