As the unemployment rate has continuously dropped since President Trump entered the White House, the U.S. faces a growing need for immigrants to come into the country. With a presumption that more Americans have entered the workforce to fill jobs, employers must now cast a wider net to bring in their needed workers.
President Trump appears to advocate the idea of expanding the foreign-born workforce, according to one published report. During a tax reform roundtable in Cleveland, the president specifically addressed the idea.
“And we do need people coming into our country,” Trump said. “You know, at 3.9% unemployment, we need people coming in. But I will tell you this, we want people to come into our country on the basis of merit.”
The president’s long-standing advocacy for merit-based immigration goes to his support of the proposed Reforming American Immigration for a Strong Economy (RAISE) Act. Under the RAISE Act legislation, immigration priorities would shift from a dominance of family-based entrants to merit-based entrants.
“Trump seems to have moved the goalposts — in the direction of more rather than less migration — on what he would accept in the event the ever-difficult issue of immigration reform ever gets tackled by Congress,” MarketWatch reports.
Reported numbers for April put the unemployment rate at a 17-year low with the addition of 164,000 new jobs. Previously, the rate held at 4.1 percent for 6 months. April’s rate of 3.9 percent marks the first time unemployment has come in below 4 percent since President Bill Clinton’s time in office and is a “sign the surging labor market shows no signs ebbing,” according to MarketWatch.
The economics bode well for immigrants who want to work in the United States as rates of low unemployment and high immigration tend to correlate. Supplemental to the point, North America Conference Board Chief Economist Gad Levanon put it this way, “With the economy growing well above trend, and the working-age population barely growing at all, we expect the labor market to significantly tighten in the coming year.”