Immigration and the Labor Market in the Post-Pandemic Recovery

Kristin Butcher, Lucas Cain, Camilo Garcia-Jimeno and Ryan Perry
Additional contact information
Camilo Garcia-Jimeno: https://www.chicagofed.org/people/g/garcia-jimeno-camilo
Ryan Perry: https://www.chicagofed.org/people/p/Ryan-Perry

No WP 2023-39, Working Paper Series from Federal Reserve Bank of Chicago

Abstract: Standard estimates based on the main household survey used to shed light on labor markets—the Current Population Survey (CPS)—suggest that after a significant drop during the pandemic, recent rapid growth has brought the foreign-born population back to, or above, levels predicted by the pre-pandemic trend. However, we document that the weighting factors used to make the CPS nationally representative have recently displayed some unusual movements and conclude that standard estimates of the foreign-born population may currently be too high. We also show that recent labor market indicators are inconsistent with increased foreign-born induced slack.

Pages: 18
Date: 2023-10-09
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Citations: View citations in EconPapers (2)

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https://doi.org/10.21033/wp-2023-39 (application/pdf)

Related works:
Journal Article: Immigration and the Labor Market in the Post-Pandemic Recovery (2023)
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