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Tuesday, February 27, 2024

Economy

 Washington Post: The economy is roaring. Immigration is a key reason. Momentum in the job market picked up aggressively over the past year — all while Washington is deadlocked on a border deal. By Rachel Siegel, Lauren Kaori Gurley and Meryl Kornfield

“Immigration has not slowed. It has just been absolutely astronomical,” said Pia Orrenius, vice president and senior economist at the Federal Reserve Bank of Dallas. “And that’s been instrumental. You can’t grow like this with just the native workforce. It’s not possible.”

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