Reported 1 day ago
The article discusses how President Trump's immigration policies are likely to lead to a significant slowdown in job growth. Recent employment data indicates only 73,000 new jobs added in May and an average of 35,000 over the last three months, which contrasts sharply with previous growth under the Biden administration. Research suggests that Trump's stance on reducing immigration will shrink the labor market, potentially resulting in negative job growth by 2027. Economists argue that fewer migrants mean less workforce participation, ultimately hampering economic growth. Despite existing evidence and concerns over job numbers, Trump is unlikely to alter his immigration policies due to their political backing.
Source: YAHOO