• Decreased immigration is contributing to rising prices and heightened inflation as businesses struggle to find necessary staff amid labor crunch

    15 days ago - By Business Insider

    A sign on the door of Rove Restaurant in Queens, New York. Lindsey Nicholson/UCG/Universal Images Group via Getty Images
    Inflation hit 8.5% in March, a 41-year high due to several factors including immigration.
    The Associated Press reported that decreased immigration is contributing to labor shortages.
    Business owners told the AP that the lack of foreign workers increased costs for consumers.
    The national labor shortage and rising inflation have been partly fueled by decreased immigration, the Associated Press reported. Immigration rates have dropped significantly in recent years as a...
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