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Commentary :: Labor

Labor Day: Immigrants Build the U.S. Economy

"Undocumented immigrants streaming into this country from south of the border drive down wages and steal jobs that could otherwise go to out-of-work Americans. Right?
Wrong. As it turns out, immigrant workers play an important role in building our economy and bolstering institutions such as social security. In other words, they’re raising your wages and paying for your retirement. So this Labor Day might be a good opportunity to show a little gratitude.
Just in time for the holiday weekend, the Federal Reserve Bank of San Francisco released a research summary entitled, “The Effect of Immigrants on U.S. Employment and Productivity.” Its conclusion was not what most people (or at least most people who attend Glenn Beck rallies) expect."

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