Immigration Fueling Strong US Job Market Despite Polarized Politics
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Economists are attributing the strong US labor market to rising immigration levels, both legal and undocumented.
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Immigrants are filling vital roles across sectors like hospitality, manufacturing, and construction that have labor shortages.
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Immigration's contribution to the labor force growth had been underdiscussed due to the polarized politics surrounding it.
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If immigration is clamped down on further, it could lead to a slight downturn and potentially more inflationary pressures.
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There needs to be a more rational conversation on immigration policy given immigrants' vital role in the labor force and boosting productivity.