Mr. President Low Skilled Immigrant Workers Actually Help the Economy
According to the latest jobs report, low skilled immigrant workers are actually good for the US economy. In July this year, for instance, the Labor department reported a decrease in the country’s unemployment rate to 4.3%. Unemployment among whites stands at 3.8%. The decrease in the unemployment rate in the country continues despite the increase in the number of legal immigrants in the country. According to the Labour Department, there has also been an increase in the hourly pay for Americans. The pay increase stood at 2.5% as at July. Despite the wage increase this year being lower than in previous years, immigration experts confirm that immigrants are not the cause of the low increase in wages. That legal immigrants are responsible for an increase in unemployment among native Americans and a decrease in wages is thus, a fallacy.
Economists in the country have blamed the slow increase in wages on the corporate drive for profitability. The Trump administration, however, continues to insist that low skilled immigrants take away jobs from low skilled Americans hence their drive to reduce the number of immigrants from 1 million to 500,000 per year. Stephen Miller, a senior advisor to the white house has been quoted to say that almost one in every four Americans is jobless. Mark Zandi, an economist at Moody’s Analytics, however, disputes this analysis stating that the high numbers explained by Miller is because he takes into consideration Americans who are not actually looking for jobs. Zandi explains that Miller’s statistics considers Americans in jail and in school, who cannot possibly be employed.
Nowrasteh, an economist supports Zandi’s analysis adding that Miller’s position does not hold water. He is of the opinion that a reduction in the number of immigrants to the United States will lead to a reduction in consumers in the country thus adversely affecting the economy. According to studies on the effect of immigrants on the economy of the United States, first generation immigrants cost the country over 57.4 billion dollars a year. Second generation immigrants on the other hand have led to a 30.5 billion dollars boost on the country’s economy while third generation immigrants have created over 223.8 billion dollars gain to the economy.
While it is agreed that in the short run immigrants cost tax payers billions of dollars, in the long run they benefit the economy. A letter to the white house by the country’s economists confirmed that in the long run the benefits of immigrants to the economy outweigh the negative effects of immigrations.