Moody’s Mark Zandi: Strict immigration policies won’t mean more jobs for US workers

 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. 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.