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Will deportations end the jobs report caravan?

Will deportations end the jobs report caravan?


Published on 2025-02-07 09:01:05 - Politico
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  • A surge of immigrants boosted the labor market and helped cool inflation during Joe Biden's administration. Under Donald Trump, the flow of new workers could become a trickle.

The article from Politico's Morning Money newsletter discusses several key economic and political issues. It highlights the upcoming January jobs report, which is anticipated to show a slowdown in job growth, potentially influencing the Federal Reserve's interest rate decisions. There's also a focus on the political implications of immigration and deportation policies, with a mention of a potential "deportation caravan" if former President Trump were to win the 2024 election, aiming to deport millions of undocumented immigrants. This could significantly impact the labor market, particularly in sectors like agriculture, construction, and hospitality. Additionally, the newsletter touches on the ongoing debate over the debt ceiling, with House Speaker Kevin McCarthy pushing for spending cuts in exchange for raising the ceiling, which could lead to economic turbulence if not resolved. Lastly, it notes the economic implications of these policies on inflation, employment, and overall economic stability.

Read the Full Politico Article at:
[ https://www.politico.com/newsletters/morning-money/2025/02/07/will-deportations-end-the-jobs-report-caravan-00203056 ]
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