Jerome Powell says ‘influx’ of migrants under Biden alleviating labor shortage

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 94%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The Federal Reserve chairman said millions of migrants released into the United States from the border under President Joe Biden have helped the economy.

released into the United States from the southern border during the Biden administration have had a positive impact on the U.S. economy.market was “very, very strong,” partially due to the “millions” of migrants who have joined the workforce since 2021 amid the border crisis.

“We’re still getting, you know, very substantial numbers of people coming to the country and going to work,” Powell said on Tuesday. More than 6 million migrants have illegally crossed the southern border since President Joe Biden took office in January 2021,U.S. Customs and Border Protection. The Biden administration has not publicly disclosed how many migrants were released into the country rather than removed. Unlawful entry is a federal crime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buy Bitcoin Signal Emerges as Jerome Powell Delivers Strong Economic OutlookAs Jerome Powell remains upbeat on economy, Bitcoin receives bullish signal from technical indicator
Source: Utoday_en - 🏆 295. / 63 Read more »