The economic and fiscal consequences of immigration

Abstract

Immigration has a minimal impact on native-born workers’ wages and employment, with potential negative effects primarily affecting prior immigrants and high school dropouts. First-generation immigrants pose a higher cost to governments than native-born individuals, while the second generation significantly contributes to the US economy and fiscal well-being. Overall, immigration positively influences long-term economic growth in the United States. As immigration continues to shape American society, this report provides valuable insights for policymakers, lawmakers, and the public, highlighting the multifaceted economic and fiscal consequences of immigration on the US.