Immigration and Inflation
Jan discusses the significant impact of immigration on economic growth and wage inflation, particularly in low-skill sectors like hospitality and construction. He notes a recent decline in immigrant inflow, which could affect labor supply constraints. While he acknowledges potential increases in deportations, he expresses greater concern over tariffs due to their administrative ease compared to immigration policy changes.In this clip
From this podcast
Odd Lots
Goldman's Hatzius and Kostin on Markets and Macro in 2025
Related Questions