When firms aren’t allowed to hire low-skill foreign workers, they don’t hire more Americans. They produce less, invest less, and shrink, with the sharpest effects in rural areas, say researchers at @jhu.edu and @dartmouthartsci.bsky.social. #econsky www.aeaweb.org/research/imm...
Winning the visa lottery
Evidence from a US government lottery shows that restricting foreign low-skill workers shrinks businesses without creating jobs for Americans.
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