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> but there is absolutely zero evidence that immigration lowers any native wages What? You’re really claiming that increasing the supply side of a market has n
by solumunus 2y ago
> but there is absolutely zero evidence that immigration lowers any native wages
What? You’re really claiming that increasing the supply side of a market has no effect on prices? That’s absurd. You shouldn’t need evidence for common sense. If labour supply is essentially unlimited then there is never pressure to increase wages. A literal child can understand this…
- astrange 2y agoUsing a pure supply argument for the labor market is the worst possible one to do it on. It's usually okay, but labor is people, and people are the source of all demand, so you really have to consider both of them. Also, I'm going by empirical studies here. Those are better than beliefs, because truth is stranger than fiction.
- solumunus 2y agoAll I know is in the UK it's not uncommon for jobs to get thousands of applications. I'm pretty confident the immigration is hitting the supply side more than demand. Most of this immigration is from low skilled workers on poverty wages, I'm struggling to see how this would massively increase demand elsewhere in the labour market. Since immigration started increasing in the late 90's wages have been stagnant. Correlation doesn't equal causation, but hmm.
- astrange 2y agoThe UK outside London is IIRC poorer than all but one US state, and your housing policy makes it even harder to build new housing than California. So you have much bigger problems. For there to be jobs there has to be industry first. That'd provide the demand.
- solumunus 2y agoThat in no way changes the fact that migration is having a negative effect on average workers in our country.