What Scott Walker ignores: Immigration in the U.S. is key to population, economic growth
- 9 years ago
Wisconsin’s Republican governor Scott Walker recently staked out a new position on immigration by voicing opposition to legal immigration, suggesting that American workers and American wages are adversely affected by immigration as a whole.
Walker’s comments sparked debate on the impact immigration has on America.
According to a recent McKinsey Global Institute report, declining population growth over the next 50 years will shrink the world’s labor supply and reduce the rate of growth in economic output. Between 2014 and 2060, the projected American population growth rate will slow to a crawl. This, and the fact that a large proportion of the American labor force is rapidly nearing retirement suggests that the economy will be increasingly dependent on immigrant labor.
In fact immigrants already account for a large share of the population growth. By 2060, immigrants will make up 18.8 percent of the population.
At the same time, Immigrants have become a growing part of the US workforce. In 1970, immigrants made up 5 percent of both the American population and its labor force. By 2010, immigrants were 13 percent of the population, but represented 16 percent of the labor force. Immigrants are over-represented proportionally in several crucial industries, including hospitality, construction, food services, agriculture and information technology.
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Walker’s comments sparked debate on the impact immigration has on America.
According to a recent McKinsey Global Institute report, declining population growth over the next 50 years will shrink the world’s labor supply and reduce the rate of growth in economic output. Between 2014 and 2060, the projected American population growth rate will slow to a crawl. This, and the fact that a large proportion of the American labor force is rapidly nearing retirement suggests that the economy will be increasingly dependent on immigrant labor.
In fact immigrants already account for a large share of the population growth. By 2060, immigrants will make up 18.8 percent of the population.
At the same time, Immigrants have become a growing part of the US workforce. In 1970, immigrants made up 5 percent of both the American population and its labor force. By 2010, immigrants were 13 percent of the population, but represented 16 percent of the labor force. Immigrants are over-represented proportionally in several crucial industries, including hospitality, construction, food services, agriculture and information technology.
-------------------------------------------------------------
Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off.
Visit our official website for all the latest, uncensored videos: http://us.tomonews.net
Check out our Android app: http://bit.ly/1rddhCj
Check out our iOS app: http://bit.ly/1gO3z1f
Stay connected with us here:
Facebook http://www.facebook.com/TomoNewsUS
Twitter @tomonewsus http: