With the prospects for immigration reform greater than they have been in more than a decade and the U.S. economy slowly shrugging off the effects of the recession, the United States may be on the cusp of historic changes that make the immigration system a more effective tool for innovation, economic growth and the competitiveness of its firms—large and small.
This discussion covers some of the most difficult issues that must be addressed if the United States is to reform its immigration system in ways that work not only for today’s reality but tomorrow’s future.
In a report by MPI's Labor Markets Initiative, noted economist and Georgetown University Public Policy Institute Professor Harry J. Holzer examines the economic reasoning and research on these questions and looks at the policy options that shape the impact of less-skilled immigration on the economy. The discussion is on what policy reform would best serve native-born American workers, consumers, and employers, as well as the overall U.S. economy.
Illegal immigration's overall impact on the U.S. economy is negligible, despite clear benefits for employers and unauthorized immigrants and slightly depressed wages for low-skilled native workers, according to UCSD Professor of Economics Gordon Hanson.