For Wages to Rise, Immigration Must Fall
There is good news. The national unemployment rate is hovering near 4 percent – the lowest level in nearly two decades. The economy is expanding and businesses are hiring. The complement of the Trump administration cutting taxes, a tightening labor market, and reducing burdensome regulations have contributed to wages and salaries rising 2.8 percent from 2017 - the largest gain since September 2008.
Despite the positive news, there are some sobering realities.
Adjusted for inflation, average hourly earnings actually have remained flat over the last year and for Americans with a high school education or less, wages actually are declining.
Wage growth still lag behind with real hourly wages at levels lower than in 1979, and too many hard-working Americans remain on the sidelines.
While multiple factors affect wage and hiring trends, there is one important economic truth - for wages to rise, immigration levels must fall.
https://fairus.org/american-wages-campaign
