[lbo-talk] Goldman Sachs on immigration

Doug Henwood dhenwood at panix.com
Wed May 28 06:43:09 PDT 2008


On May 28, 2008, at 5:19 AM, Sandy Harris wrote:


> On Wed, May 28, 2008 at 9:19 AM, Doug Henwood <dhenwood at panix.com>
> wrote:
>
>> Immigration and the North
>> American Economy
>>
>> * Immigration to the United States has surged over the past decade,
>> with most of the increase outside legal channels. Immigrants
>> boosted US labor force growth by about half a percentage point per
>> year over the past decade.
>
> Population well over 300 million, so maybe 100 million working.
> Half a million working immigrants a year?

Growth, not level. The U.S. labor force grew by almost 17 million between 4/98 and 4/08, or 1.2% a year. If the immigrant contribution was 0.5% a year, that would be about 5.1% over 10 years, or 7 million total, or 42% of the total. About 700,000/year.



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