Immigrants do not know what awaits them in the future, considering the oath of the elected President of Donald trump about the deportations of millions, as soon as he takes office. But Americans should also think that mass deportation will mean for the country's economic prospects.
The deportation of the 8 million illegal workers in the country will probably not be a positive thing for the U.S. economy, according according to a new study from economists Ryan Edwards and Francesc Ortega Queens College CUNY. Undocumented workers make up about 3% of private sector gross domestic market, or about $5 trillion over 10 years, in accordance with papers published by the National Bureau of economic research.
California is one of the most affected States, so as the removal of unauthorized workers will lead to a drop of 4% of total production in the private sector in the short term, or about $83 billion in Texas and new York will experience the 2 and 3 largest economic impacts. "Economic contribution to the US GDP current illegal workers is substantial," the researchers write. "Unauthorized workers may be responsible for 8 and 9% of value added in agriculture, construction, and leisure and hospitality."
Trump is heavily focused on the southern border of America with Mexico, despite the fact that undocumented workers are increasingly arriving from three other regions: Asia, Africa and Central America.
sections: Economics, World News, Accidents