[New post] 📊 THE ECONOMY & SOCIETY W/ CATHERINE RAMPELL @ WASHPOST: Immigrants & Women “Punch Above Their Weight” — “[L]et’s celebrate the underdogs helping supercharge our economy to date.”
posted: " https://www.washingtonpost.com/opinions/2023/06/02/jobs-boom-immigrants- . . . . To be clear, immigrants remain a small share of the labor market. They account for less than one-fifth of employment overall. But they are more than punching above th" immigrationcourtside.com
To be clear, immigrants remain a small share of the labor market. They account for less than one-fifth of employment overall. But they are more than punching above their weight in this recovery, particularly as (disproportionately older) native-born Americans retire. Increased immigration may be helping resolve some other economic challenges, too. It's unclear how many forecasters have been incorporating these improvements in the functioning of the immigration system into their models.
Another group unexpectedly punching above its weight: women.
. . . .
To be sure, there are reasons to fear that all those pessimistic forecasts we've heard for months — about more layoffs, and possible recession — haven't been wrong, exactly. They may just have been early. Those dour predictions are partly a product of the sharp interest rate hikes and tightening financial conditions we've seen recently. These factors historically have been followed by recessions. We may not have yet seen their full effects this time around, and there are signs of financial stress emerging.
In the meantime, though, let's celebrate the underdogs helping supercharge our economy to date.
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Read Catherine's full,article at the link.
As I've said before, immigrants of all types are a great story. Unfortunately, many in the GOP are determined to deny, distort, and dehumanize immigration for perceived political gain.
At the same time, the Biden Administration and too many Democrats seem unwilling or reluctant to embrace and tout the truth about migration. They appear to be hoping that migration will just disappear as a political and societal issue (which it hasn't, and won't).
That leaves immigrants and their advocates to just keep plugging away and working hard to improve a society that too often either ignores or fails to appreciate their disproportionately substantial achievements and huge potential for creating a better future for all.
THE ECONOMY & SOCIETY W/ CATHERINE RAMPELL @ WASHPOST: Immigrants & Women "Punch Above Their Weight" — "[L]et's celebrate the underdogs helping supercharge our economy to date."
Due Process Forever!
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