America's Modern Immigrants Compete for a Different Set of Jobs
An applicant for U.S. citizenship recites the Pledge of Allegiance during a naturalization ceremony in Tucson, Arizona.
Photographer: David Paul Morris/BloombergAs a candidate, Donald Trump promised immigration reforms that would "serve the best interests of America and its workers." Now that he's in office, he might want to take a look at economic analyses as he decides what those policies should look like.
The first item in today's roundup focused on America's modern immigration situation – and finds that new entrants are probably competing with a different set of workers than their predecessors might have. We also look at how Brexit could change trade, how fake news affected the 2016 election and how financial inclusion differs in the euro area and the U.S.
Check this column every Tuesday for the latest in pertinent economic research.
Immigrants entering the U.S. after 2010 look a lot different than their predecessors, based on a new analysis by Indeed Chief Economist Jed Kolko. Starting with origins, there's been a major shift away from Hispanic immigration. Looking at all immigrants in the U.S., half were born in Latin America, with 27 percent from Mexico. By contrast, only one-third of recent immigrants were born in Latin America, and 12 percent came from Mexico. These days, 45 percent are Asian.