Note: Sample below may appear distorted but all corresponding word document files contain proper formattingExcerpt from essay:
("2004 Yearbook of Immigration Statistics," 2010) However, when you compare the unskilled immigrant with the skilled immigrants, it is clear that you are seeing a similar kind of scenario occurring. Where, they have lower costs of labor in comparison to those educated native workers. In those situations where the immigrants are unskilled, means that many state and local governments will face increased growth in the population. (Car, 2001) Yet, because the overall level of wages are small, means the revenues that are generated will have a limited impact on the community (as far as the government is concerned). Conversely, those immigrants who are more educated will make a larger contribution to the local economy. This is because their specialized education allows them to work in fields that have the potential for greater contributions, to the community and the government. In this particular case, the contributions that they would make towards the community could be through various innovations. They would benefit the state and local governments by paying higher taxes, for the services they use. The above numbers underscore the frustration that some native workers have, where they feel as if immigrants are keeping the cost of wages low. When the economy is facing different financial challenges, this means that there will be increasing amounts of debate regarding the total contribution of immigrants.
Estimated Regression Model
Regression analysis is when you are analyzing the relationship that exists between two or more variables, in correlation with the dependent variable. In this particular situation, the dependent variable would be how the U.S. economy is affected by the impact of immigration. The two independent variables would be the two groups of immigrants, skilled and unskilled. The general liner model is used to draw a relationship between the two groups of immigrants and their impact on the economy. This is when: you are using different independent variables and correlating it with the dependent variable. In this particular situation, skilled and unskilled immigrants would be the two independent variables, while the economy would be the dependent variable. The methods used to collect and analyze the data were: to take the actual immigration statistics used by the U.S. government. Then, analyze the trend and the positive / negative impact of immigration.
Upon looking at the results from the regression analysis conducted, it is obvious that there is a direct link as to how both skilled and unskilled immigrant workers will affect the economy. Analyzing the different trends that have been occurring, those states and cities that have a high influx of unskilled as well as skilled immigrant workers will see a rise in the unemployment rate and a decrease in labor costs. This is because many of the native unskilled / skilled workers will require more compensation than those of who are immigrants. As a result, the hypothesis that immigrants are making an impact upon the economy is correct. Yet, beneath the surface the impact is both positive and negative. Where, immigrant workers help to keep costs down and the skilled workers have made significant contributions to the community. Conversely, the both groups of immigrants will cause unemployment rates to rise and wages to fall. Together, both elements highlight the trade off that is taking place as a result of immigration. This is underscoring the true effects that immigration is having on the American economy. Where, there are distinct benefits (improved economic growth / lower prices) and drawbacks (unemployment rises / wages fall). This is the true effect of immigration on the U.S. economy.
2004 Yearbook of Immigration Statistics. (2010). Retrieved March 16, 2010 from Office of Immigration Statistics
The Role of Immigrants in the U.S. Labor Market. (2010). Retrieved March 16, 2010 from Congressional Budget
Office website: www.cbo.gov/ftpdocs/68xx/doc6853/11-10-Immigration.pdf
We Need an Immigration Stimulus. (22009, April 27). Retrieved March 15, 2010 from WSJ website:
University Education Results in Significantly Higher Wages. (2006, November 20). Retrieved March 16, 2010 from Work Permit website:
Arndt, S.W. (1997). Globalization and the open economy. North American Journal of Economics and Finance,
Borjas, George. (2003). The Labor Demand Curve is Downward Sloping: Reexamining the Impact of Immigration
on the Labor Market. NBER Working Paper.
Card-David. (2001). Immigrant inflows Native Outflows, and the Local Labor Market Impacts of Higher
Immigration. Journal of Labor Economics, 19(1): 22-64.
Freeman, Richard B. (2004). Trade Wars: the exaggerated impact of trade in economic debate. World economy, 27
Kirkegaard, Jacob F. (2003).Outsourcing: stains on the white collar. Retrieved March 16, 2010…[continue]
"Labor Market From Trade And" (2010, March 16) Retrieved October 21, 2016, from http://www.paperdue.com/essay/labor-market-from-trade-and-680
"Labor Market From Trade And" 16 March 2010. Web.21 October. 2016. <http://www.paperdue.com/essay/labor-market-from-trade-and-680>
"Labor Market From Trade And", 16 March 2010, Accessed.21 October. 2016, http://www.paperdue.com/essay/labor-market-from-trade-and-680
These positions generally pay well. The outlook for financial analysts is good, as openings are expected to increase rapidly over the coming years. However, there is strong competition for the position as well, meaning that candidates will need to have substantial qualifications. Candidates should have at least a bachelor's degree, but often an MBA in finance and/or a CPA designation as well. For most openings, experience is required. Many
Labor Market, Unemployment Defining and classifying Unemployment There is a level of unemployment in any economy, which is not automatically a bad thing, as most people would think. The presence of a level of unemployment, which usually is presented as a percentage, indicates that at any one given point in that economy, there are people looking for work and managers looking for better employees. In economics, the only important factor to look
This situation once again proves that the people are not considered valuable additions, but commodities. And the management of these commodities changes based on business needs. In terms of the younger employees, their careers -- or their end thereof -- are extremely intensely subjected to the evolution of technology. As a parenthesis, the advent of technology has imposed new standards for the employees in the meaning that they must progress
UK Labour Market The labour market is defined by the Office for National Statistics (2011) as those between the ages of 16 and 64 inclusive. They are typically categorized as either employed, unemployed or inactive. Income inequality refers to the spread of income throughout the labour market. The most common measure of income inequality is the Gini coefficient. The indicator reflects the distribution of income among economic classes and is expressed
Labor Negotiating Practices The issue of labor negotiating practices is one of the most important issues that companies must address. This is because the sensitiveness of labor problems is reflected in their legal implications. The battle between employers and employees becomes more and more difficult and requires advanced negotiation skills. Company's Stance towards Labor Issues The company that is analyzed in this case is represented by the companies that joined their forces in
Labor Relations What changes are needed for unions to maintain support from their membership, the community, and the employers? In order to maintain support from their membership, the community, and the employers, unions have decided to change the dynamics of organizing by changing the environment and conditions where organizing occurs. They have become conversant with the idea that when the employers decide to use the entire 'arsenal' at their disposal, it becomes
Labor unions are associations of workers for the purpose of improving the economic status and working conditions of the employees through collective bargaining with employers (Union pp). The two general types of unions are the horizontal, or craft, union, which is composed of members who are skilled in a particular craft, such as the International Brotherhood of Carpenters and Joiners of America, and the vertical, or industrial, union, which includes