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Why is that? (discuss.online)
submitted 1 month ago by to c/fuck_ai@lemmy.world
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[–] 7 points 1 month ago* (1 child)

https://migrationobservatory.ox.ac.uk/resources/briefings/the-labour-market-effects-of-immigration/

Where do you think economic growth even comes from? It comes from labor! All of the value in the economy is created by labor, literally nothing would exist if it weren't for working people doing their jobs. Then, those same workers who created value with their labor are paid wages, and then they spend those wages to pay for food, housing, utilities, clothing, entertainment, etc etc.

There's a reason so many countries are panicking about low birth rates. Population growth is critical for economic growth.

By the way, you're the one making the claim that "both are bad" - why don't you have to show me a study or something to back up your idea?

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  • [–] 1 point 1 month ago* (last edited 1 month ago)

    From your link

    It is not obvious from theory alone whether migration will have a positive or negative impact on the wages and job prospects of existing workers in the labour market, or no effect at all. Immigration affects the number of workers in the economy, increasing ‘labour supply’. This means there are more people looking for jobs.

    ?

    By the way, you’re the one making the claim that “both are bad” - why don’t you have to show me a study or something to back up your idea?

    I think people losing their jobs is bad. And again, from your own link...

    The number of jobs in the UK economy is not fixed. Migrants compete with existing workers in the UK for jobs, but they also cause the number of jobs to increase

    Low-wage workers are more likely to lose out from immigration, while medium and high-paid workers are more likely to gain, but the effects are small

    In general, workers in low-skilled occupations face more competition from migrants because the skills needed for those jobs are easier to acquire.

    And so on.

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