Business groups optimistic Congress may finally strike immigration deal

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Some industry lobbyists see a Sinema-Tillis bill as their last best hope to get a deal done on immigration in an increasingly narrow time frame.

In the restaurant industry, there are more than 400,000 fewer workers than before the pandemic, and hotels are down 350,000 jobs from pre-pandemic levels, according to industry groups. That’s caused restaurants to reduce their hours and hotels to cut back on services or operate below full capacity, industry officials said.

Federal Reserve Chair Jerome Powell said in a speech earlier this week that Trump-era immigration restrictions had contributed to the labor shortage that is driving inflation. That, combined with pandemic-related deaths, had resulted in a shortage of 1 million to 1.5 million workers, Powell said. While businesses see any reforms to the immigration system as a positive, it is unclear whether the legislation would address their main concern of increasing the number of foreign-born workers who can come to the U.S. temporarily or long term.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Keep illegals out of our country!

The Biden government intentionally flooding the country with illegals,with fentanyl murdering Americans, with drug traffickers, sex traffickers, terrorists all intentional to provide greedy corporations with cheap labor. Who cares how many Americans die in the process.

Dig these holes for Savannah,You do not mess with maritimonial ceremonies in the Arab world or else murder these sheriff peasants

Traitors

Sure, more amnesty. That’ll definitely fix the border.

Build. More. Prisons. You’re gonna need em.

👀👀👀

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX founder Sam Bankman-Fried says he'll testify before Congress | CNN BusinessSam Bankman-Fried, the founder of the failed crypto exchange FTX, has agreed to testify before the Senate Banking Committee next week as questions and confusion swirl about the collapse of his companies. One Question... Has any of the Democrats returned the 10's of millions $$$ in campaign donations stolen from the FTX investors? Some of them sit on the House committee. Every answer- 1- I don’t recall 2-I wasn’t involved with that 3-I don’t know the details A billion dollars at least laundered to the DNC, its gonna be fun to watch, but nothing will happen. The DOJ and FBI are puppets of the DNC
Source: CNN - 🏆 4. / 95 Read more »

Outside Voices: Preparing for inflection points in your business - Jacksonville Business JournalAs year changes, think of what changes might be on the horizon for your business.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Outside Voices: Preparing for inflection points in your business - Jacksonville Business JournalAs year changes, think of what changes might be on the horizon for your business.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

These two Jacksonville-area hospitals are top for maternity care - Jacksonville Business JournalUS News and World Report has expanded its hospital ranking to look at maternity care. Here's the local hospitals who ranked the highest.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

A blooming new business: two, young entrepreneurs open Floral Room in Ohio CityAfter moving to Northeast Ohio from Ukraine, Zoriana Potopnyk and Zoriana Chepil met each other and started their floral business out of their garage. Now, they have a store in Ohio City.
Source: WEWS - 🏆 323. / 59 Read more »