Reported 19 days ago
Donald Trump's mass deportation plans, part of his agenda after being elected the 47th president, could severely harm the labor market by leading to negative job growth and a decline in economic output, according to Harvard professor Jason Furman. He emphasizes that without immigrants, the U.S. job numbers would be predominantly negative, warning that mass deportations would result in job losses and heightened cruelty. Additionally, Trump's proposed trade tariffs could further exacerbate economic challenges, hindering employment and complicating the Federal Reserve's fight against inflation.
Source: YAHOO