“In a healthy economy, the economic productivity generated by new immigrants could represent a boon to job figures, meaning that these newcomers to the U.S. would improve the employment situation. As it stands now, the U.S. government limits the number of work visas available to foreign workers, and that limit does not change based on the health of the economy. As such, the report found that the economy is not equipped to benefit from the increased employment opportunities presented when immigration goes up.”
While writing this article, Jacob Passy was a staff reporter at CNBC.com and a contributor for NBCNews.com. Currently, he is a reporter for American Banker.
The rest of his article can be found here.