That is likely an undercount because it is hard for the Labor Department’s household surveys to count new arrivals, especially when the numbers are rising so quickly.
, that’s completely understandable. For as long as anyone can remember, the American left has argued that immigrants do not depress the wages of natives. Now that inflation is a problem for Democratic politicians, however, immigrants have somehow discovered how to drag down wages. Unless we have reason to believe that the immigrants are especially productive at work and ascetic in their spending, they are almost certainly consuming as much as they produce, which would make them a wash in terms of the balance of supply and demand. In the near term, however, they are almost certainlybecause they need to be fed and housed immediately but finding jobs that fit their skills will take time.
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