The economic legacy of the Biden immigration surge — SkimNews
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- Post-pandemic immigration surge boosted U.S. economic growth with surprisingly little disruption to native-born workers, according to new research unveiled at a recent presentation.
- The same research found that the historic immigration wave also contributed to rent inflation, complicating the overall economic legacy of the population shift.
Why it matters: For policymakers weighing immigration's economic tradeoffs, the findings present a split picture: native-born workers appear largely insulated, but renters absorbed a disproportionate share of costs from the population influx.
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