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Immigration and the Labor Market in the Post-Pandemic Recovery
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 in the United States 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.
Keywords: Labor and demographic economics;
JEL Classification: J11; J15; J21; J61;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2023-10
Volume: no 486
Pages: 8