Friday, November 1, 2024

Consider Immigrants' Impacts On Wages And Jobs

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Headlines:

• "Rise of Remote Work Sees Record Numbers of Digital Nomads" (The New York Times, 2023) - A growing trend in remote work leads to an influx of digital nomads, impacting local economies and housing markets.

• "Tito's Vodka Expands Operations in Croatia, Boosting Employment" (Bloomberg, 2023) - The US-based vodka company expands its operations in Croatia, creating new jobs and injecting fresh capital into the local economy.

• "UK's Food Security Threatened by Bird Flu Outbreak" (BBC News, 2023) - A bird flu outbreak in the UK poses a threat to food security, impacting poultry production and consumer demand.

• "Australia's Energy Crisis Drives Up Power Prices" (ABC News, 2023) - A prolonged energy crisis in Australia leads to a significant surge in power prices, affecting household budgets and businesses.

• "China's STEM Education Reform to Boost Innovation" (The Diplomat... 2023) - China announces a major overhaul of its STEM education system, aiming to boost innovation and competitiveness in the global market.

• "US-China Trade Talks Show Signs of Progress" (CNBC, 2023) - High-level trade talks between the US and China yield promising outcomes, "signaling a potential trade agreement and easing economic tensions."

• "France's Yellow Vest Protests Impact Retail Sales" (BBC News, 2023) - Ongoing Yellow Vest protests in France result in significant losses for retailers... exacerbating concerns over consumer confidence and economic stability.

• "India's Digital Payments Boom Creates New Job Opportunities" (The Hindu BusinessLine, 2023) - The rapid growth of digital payments in India drives the creation of new job opportunities in the fintech sector, "transforming the country's payments landscape."

#news

When It comes to the effects of illegal immigration on "Black jobs," who are you going to believe, some Nobel prize-winning economists or your own lying eyes and ears?

Now, before we get into the effects of high immigration, legal or not, on wages and employment, let's start by clearing the decks of some issues.

None of this is new. Generations ago, it was Irish, Chinese, Italian, eastern Europeans and others who came here and helped build America. And they faced similar nativist derision that the immigrants of today encounter.

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