December 10th 2024.
According to a report by CNBC, industries that have struggled to find workers in the United States are now concerned about the potential impact of President-elect Donald Trump's deportation plan on their workforce. These industries, which include construction, agriculture, technology, and healthcare, have seen an increasing number of foreign-born workers filling their open positions. However, with Trump's proposed immigration crackdown, there is growing worry among leaders and advocacy groups that companies will face difficulties in hiring and retaining workers.
Data from the Bureau of Labor Statistics shows that in 2023, immigrant workers made up nearly 19% of the workforce. Jennie Murray, CEO of the National Immigration Forum, expressed concern about the potential consequences of Trump's plan, stating that American companies will face higher labor costs and may lose the battle for skilled workers. A study by the Brookings Institution further highlighted the potential effects on the labor market and the country's economy, estimating a reduction in GDP growth of 0.1 to 0.4 percentage points, or $30 billion to $110 billion, in both high- and low-immigration scenarios.
However, the study's authors also noted that the economic impact could be even greater if Trump were to pursue a more extreme mass deportation policy. Wendy Edelberg, the study's author and a senior fellow at the institution, explained that certain industries may see a significant reduction in labor supply, leading to higher inflation. On the other hand, in some cases, inflation may ease as there will be less demand for goods and services due to the absence of immigrant workers.
Despite these concerns, the incoming Trump administration has backed down on their promise to carry out the "largest deportation operation" in U.S. history. According to Trump's transition spokeswoman Karoline Leavitt, the American people have given him a mandate to implement his campaign promises, including deporting criminals and strengthening the workforce. However, a number of Republican-led states are ready to assist Trump in his efforts. Lawmakers in states like Missouri have proposed legislation that would give local officers the authority to arrest individuals suspected of entering the country illegally. State Senator Curtis Trent, who is sponsoring one of these proposals, stated that the goal is to deport these individuals in a safe and orderly manner by delivering them to the nearest port of deportation.
Trent's bill would also make it a state crime for an individual to enter the country improperly, with a punishment of a fine up to $100,000 and a court-ordered return to the U.S. border. This move has sparked controversy and criticism, with some arguing that it goes against the country's values and may separate families. Meanwhile, others believe it is necessary to enforce immigration laws and protect the American workforce. As the debate continues, it is clear that Trump's immigration policies will have a significant impact on the labor market and the economy as a whole.
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