- How does immigration affect: A.
Unemployment ? Explain. B. Wages? Explain. - Which source do you agree with the most? The book or the essay from FRED? Or are they the same? Explain.
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A) A number of studies have inspected whether immigration prompts higher unemployment or interval among existing laborers, and most have found either little impacts or no impact.
The impacts of immigration on the wages or employment of existing workers relies upon the degree to which migrants have abilities that substitute or supplement those of existing laborers. At the point when migrants laborers are substitutes for existing laborers, migration is relied upon to build rivalry for occupations and diminish wages in the short run. As far as business, the degree to which declining wages increment unemployment or latency among existing laborers relies upon their ability to acknowledge the new lower wages.
Second, as well as extending labor supply, immigration can likewise grow the demand for worker and, hence make new jobs. This is on the grounds that there is certifiably not a proper number of occupations in the economy.
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