Immigration: Supply and Demand in Labor Markets

Sustaining Capitalism

Is immigration the solution to the US Labor Market’s problems? As we know, The COVID-19 pandemic resulted in a sharp drop in international migration to the United States under several different work visa programs. At the same time, the US labor market has shown signs of tightening—the unemployment rate is low, wages are rising, and job openings are plentiful.

Wouldn’t it be natural that the decline in the number of new foreign workers entering the US labor force has resulted in better outcomes for US workers.? Join Senior Economist Jessica Nicholson of the Committee for Economic Development, the policy arm of The Conference Board, as she unveils a surprising conclusion.

In this podcast with Dr. Madeline Zavodny, an expert on immigration, you can learn how the decline in foreign workers actually impacted the US Labor Markets.