Immigration Fuels Economic Growth Amid Workforce Shortages
Recent analyses reveal that the American workforce is experiencing historic employment rates, yet it’s insufficient to fully substitute the retiring baby boomer generation. This situation underlines the crucial role of immigration in sustaining economic vitality, particularly as highlighted by businesses in Dayton, Ohio. Read more.
Housing Market Pressures From California Residents
In Las Vegas, long-time residents face significant challenges in the housing market, with many recounting their struggles of finding homes amidst rising demands and inflated prices exacerbated by an influx of newcomers from California, who enjoy higher average incomes. Renters also express difficulties in meeting rising costs as the state grapples with an acute shortage of affordable housing. Read more.
The Evolving Role of Economists in Political Decision-Making
The influence of economists in U.S. policymaking has shifted dramatically since the establishment of the Council of Economic Advisers after World War II. Recent trends indicate a resurgence of non-economists in critical advisory roles, as political leaders increasingly embrace unconventional economic ideas that challenge traditional principles. Read more.