US Immigration Rebound Helps Stabilize Wages and Inflation, Goldman Sachs Reports
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The rebound in US immigration has stabilized wages and inflation, preventing overheating in the economy. The influx of low-wage labor filled industry gaps, while dampening inflation in other categories. Immigration is projected to remain above pre-pandemic levels, positively impacting job creation and GDP growth. This aligns with previous reports and is supported by the OECD. Immigration's positive effects are expected to continue. #USimmigration #economy #wages #inflation #jobcreation #GDPgrowth...

#newstr #UsImmigration #Wages #Inflation #JobCreation #GdpGrowth 

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