The Wall Street Journal is reporting that both word-of-mouth and hard statistics are showing real results from the Trump Administration in raising wages for workers in poor areas.
Wages for new employees are being substantially raised by employers in cities like Minneapolis, Denver, and Fort Myers, Florida.
“You’re seeing the first movers into full employment and past it, with the uptick in wage growth,” economist Adam Kamins told the newspaper.
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Trump’s illegal immigration crackdown seems to be working. Some stats and commentary from Daily Caller:
The U.S. unemployment rate sits at 4.1 percent, the lowest level in 17 years. Still, despite a prolonged period of modest economic and job growth, wages have lagged. National wages grew less than two percent in 2016.
Yet in areas with some of the lowest unemployment rates, such as Minneapolis. Private sector wage growth hit four percent — the best figures for the area in six years.
Even kitchen staffers, such as those at the Broadway Palm Dinner Theater in Fort Myers, are finding their wages raised five to 10 percent.
“If you’re a dishwasher with a pulse, we’d probably hire you,” said William Prather, the owner.
An analysis from the WSJ found that one reason why wages did not grow with a lowering unemployment rate is because of the “development of a global labor market put U.S. workers in competition with peers in China and Europe.”
These positive developments will likely give support to those in the U.S. who favor a sharp cut in the number of foreign-born individuals the country lets in each year.
George Borjas, a professor of economics and social policy at the John F. Kennedy School of Government at Harvard University found in 2016 that a large influx of foreign immigrants in Miami depressed the wages of native low-skill workers.
In other words, there is a higher demand for workers as the number of illegal immigrants goes down. Trump’s plan is working, and so are more Americans.
As Rick Perry would say, “Build the demand and the supply will follow”…or something like that.
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