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Greg Ip: Immigration drives job gains in key sub-industries since November

Greg Ip: Immigration drives job gains in key sub-industries since November
Immigration leads U.S. job growth trend

Greg Ip, industry influencer, highlights new analysis showing that sub-industries with the highest percentages of non-citizen workers have experienced leading job growth since November.

He suggests that an increase in immigration may be a significant factor explaining why payroll employment figures are outpacing those from household surveys, as well as contributing to higher breakeven rates.

Ip previously reported that U.S. national debt exceeded 100 percent of GDP for the first time as of March 31. He is also set to moderate a panel with IMF and BOE leaders on current account imbalances. These updates add context to his ongoing commentary on U.S. economic indicators.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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