The labor market is greatly affected by immigration flows from "summary" of Issues in the Economics of Immigration by George J. Borjas
The impact of immigration on the labor market cannot be overstated. When immigrants enter the workforce, they bring with them a unique set of skills and abilities that can either complement or compete with those of native workers. This has significant implications for the overall dynamics of the labor market. One of the key ways in which immigration affects the labor market is through its impact on wages. The influx of immigrants can lead to an increase in the supply of labor, which in turn can put downward pressure on wages, especially for low-skilled workers. This is because immigrants often occupy jobs in sectors that require minimal skills and are willing to accept lower wages than native workers. Furthermore, the presence of immigrants in the l...
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