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✓ Published: 13-Apr-2024
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✓ Published: 13-Apr-2024
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Immigrant workers boost US job growth, prevent recession.<br/><br/>Despite aggressive interest rate hikes by the Federal Reserve to combat inflation, the economy has thrived by adding many jobs each month, largely due to immigrants—both legal and undocumented—entering the workforce. This influx of foreign-born workers increased the labor pool, helping companies fill vacancies and sustain economic growth without significant wage increases that could fuel inflation. As a result, while inflation remains elevated, it has decreased from levels seen two years ago.<br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#themanilatimes<br/>#worldnews <br/>#economy <br/>#jobopportunity<br/>
Immigrant workers boost US job growth, prevent recession.<br/><br/>Despite aggressive interest rate hikes by the Federal Reserve to combat inflation, the economy has thrived by adding many jobs each month, largely due to immigrants—both legal and undocumented—entering the workforce. This influx of foreign-born workers increased the labor pool, helping companies fill vacancies and sustain economic growth without significant wage increases that could fuel inflation. As a result, while inflation remains elevated, it has decreased from levels seen two years ago.<br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#themanilatimes<br/>#worldnews <br/>#economy <br/>#jobopportunity<br/>
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