Janet Yellen: Immigration Growth Rate

Posted by admin on Wednesday, June 7, 2017

Janet Yellen Money Quote saying the growth of the labor force helps the economy to grow, so when immigration declines, so does economic growth. Janet Yellen said:

Our economy has been growing at a slow pace. Immigration has been an important source of labor-force growth. So slowing the pace of immigration probably would slow the growth rate of the economy
— Janet Yellen

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