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I'd have expected mass deportations to decrease the unemployment rate, since there are now a bunch of job openings. Some of those jobs will just disappear (res
by jfengel 8mo ago
I'd have expected mass deportations to decrease the unemployment rate, since there are now a bunch of job openings.
Some of those jobs will just disappear (resulting in job losses, which is what the headline is about), but unemployment (people looking for jobs and not finding them) is up.
It does mean economic contraction, but that's yet another number. That would show up in GDP, but that number is really slow to collect. Data so far is actually pretty smooth, but that's to be expected.
- gman2093 8mo agoIt also decreases the consumption rate. introduction of immigrant populations has not been shown to increase the unemployment rate, rather the opposite. https://www.epi.org/blog/immigrants-are-not-hurting-u-s-born-workers-six-facts-to-set-the-record-straight/ https://www.epi.org/blog/immigrants-are-not-hurting-u-s-born...
- pavel_lishin 8mo ago> I'd have expected mass deportations to decrease the unemployment rate, since there are now a bunch of job openings. Yes, for jobs that Americans don't typically want to do.