...it's why they're down.
Not something to brag about.
also:
Deportations significantly hurt the economy by reducing GDP, increasing labor shortages, and raising consumer prices, particularly in sectors reliant on immigrant labor.
Key Economic Consequences of Deportations
Reduction in GDP: Mass deportations are projected to reduce the U.S. gross domestic product (GDP) by approximately 2.6% to 6.2% over the next decade. This decline is attributed to the loss of unauthorized workers who contribute significantly to various industries.
Labor Market Disruption: Unauthorized immigrants make up about 3% of the U.S. workforce, with higher concentrations in sectors like agriculture, construction, and hospitality. For instance, 14% of the construction workforce is undocumented. Removing these workers could lead to severe labor shortages, particularly in industries that rely heavily on immigrant labor. Estimates suggest that deportations could result in a loss of 1.5 million jobs in construction and 870,000 jobs in manufacturing.
Wage Effects: While some studies suggest that wages for low-skilled authorized workers may increase due to reduced competition, the overall impact on high-skill workers is negative, with many experiencing wage declines. The average wage could fall by 0.5% to 1.7% depending on the duration and scale of deportation policies.
Increased Consumer Prices: The removal of a significant portion of the workforce is expected to lead to higher prices for goods and services. For example, it is estimated that consumer prices could rise by 9.1% by 2028 due to labor shortages in essential sectors.
Fiscal Costs: The financial burden of deportations is substantial, with estimates suggesting that each deportation costs around $13,000. The overall cost of implementing mass deportation policies could reach $900 billion over ten years, factoring in lost tax revenues and increased enforcement costs.
https://www.brookings.edu/articles/the-labor-market-impact-of-deportations/
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