Trump immigration crackdown drives sharp U.S. population growth slowdown, economists warn of lasting damage
By
Courtenay Brown
Crisped on the outside, thoughtful enough on the inside.
Summary
President Trump's immigration crackdown has led to one of the sharpest slowdowns in U.S. population growth in decades, with economists warning of lasting economic damage. The policy-driven immigration reversal has few modern parallels, and its immediate effects are visible in monthly employment figures showing fewer job gains. Federal Reserve analysis indicates the breakeven rate for monthly job gains needed to hold unemployment steady has dropped close to zero due to reduced immigration.
Key quotes
· 3 pulledThe policy-driven immigration reversal underway has few modern parallels.
The immediate result is evident in monthly employment figures, with the economy cranking out fewer jobs.
Federal Reserve analysis earlier this year found that the breakeven rate — the monthly job gains needed to hold unemployment steady — had dropped close to zero as an immigration
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