September 24, 2016

IMPORTING THE SUPERIOR CULTURE:

What We Know (And Don't Know) About Immigration and the U.S. Economy (JEFFREY SPARSHOTT  AND PAUL OVERBERG, Sep 23, 2016, WSJ)


The National Academies of Sciences, Engineering and Medicine this week released a report looking at the economic and fiscal implications of immigration to the U.S.  The findings suggest benefits for the immigrants themselves and the broader U.S. economy, but also acknowledge costs for state and local governments. Here are some additional facts, figures and findings from the study: [...]

Immigrants and their children will account for the vast majority of current and future net workforce growth. Even so, the U.S. civilian labor force is growing only slowly. It's expected to expand 0.5% this decade, compared with 1.2% in the 1990s and 0.7% in the 2000s. That has significant implications for overall economic growth as well as funding for programs like Social Security.

The panel didn't look at immigrants' social or cultural impact that may have economic effects. For instance, 59% of immigrants over 15 are married versus just 48% of natives.

Posted by at September 24, 2016 11:36 AM

  

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