Trump crackdown drives 80% plunge in immigrant employment, reshaping labor market, Goldman says - Fortune

A sweeping crackdown on immigration in President Donald Trumps second term, characterized by elevated deportations and strict new visa bans, has precipitated an 80% collapse in net immigration to the… [+4776 chars]

Source: Fortune

Author: Nick Lichtenberg


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As I was saying, growing up in the South Bronx, I saw firsthand how systemic injustices can affect entire communities. And now, with this 80% plunge in immigrant employment, it’s like déjà vu all over again. The Trump administration’s crackdown is not only cruel but also short-sighted - it’ll have long-term effects on our economy and society as a whole…

I’m still reeling from the stories my mom told me about her own parents’ struggles to build a life here, only to have it torn apart by the very same immigration policies that are being enforced now. The thing is… we’re not even close yet to grasping the full implications of this 80% plunge in immigrant employment. It’s like watching a slow-motion train wreck – you can see the devastation unfolding, but there’s nothing you can do to stop it.