I also worry about immigrants taking jobs from citizens. What’s the point of helping a new group of people get jobs if it means taking away jobs from other people. But it turns out that the new group of people actually creates more jobs than they take.
> When labor supply rises, Econ 101 says that wages fall, right? Wrong. The problem with this kind of approach is that it ignores the dynamic nature of the US economy.
> When labor supply rises, Econ 101 says that wages fall, right? Wrong. The problem with this kind of approach is that it ignores the dynamic nature of the US economy.
Source: https://www.hoover.org/research/economic-effect-immigration