Immigration and labor markets

Immigration and labor markets are interconnected, as immigrants seek jobs and contribute to economic activity. When people move to a country for work, they expand the workforce, which can lead to increased productivity and innovation. However, large inflows of immigrants might also impact local wages and employment opportunities, depending on the economy’s size and skills needed. Policymakers balance attracting talent and supporting both native workers and newcomers, aiming for a dynamic labor market that benefits everyone through available jobs, fair wages, and economic growth.