Economist Mark Zandi argues stricter immigration policies do not boost native-born jobs. Native-born unemployment is now exceeding foreign-born worker rates.
Labor force participation has fallen while employers shed jobs. A shrinking labor supply, driven by retirements and lower immigration, is a concern.
Businesses may reduce capacity and raise prices due to worker shortages.
This story was reported by The Times of India. Read the full coverage at The Times of India.