Immigration could save the US from recession. But there’s a catch
The US immigration crisis is fuelling economic growth, according to experts. Others say it can burden cities with huge costs and drive down productivity and wages.
Washington | Cheap labour from America’s record influx of illegal immigrants will help the country avoid a recession this year, by adding $US7 trillion ($11 trillion) to the economy over the next decade, according to Congress’ independent budgeting office.
However, experts are questioning the economic and societal benefits of more than 9 million illegal immigrants entering America since President Joe Biden took office and reversed Trump’s hardline immigration policies.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
