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Do immigrants really take jobs and lower wages?

Friday, June 28, 2024

We wade into the heated debate over immigrants' impact on the labor market. When the number of workers in a city increases, does that take away jobs from the people who already live and work there? Does a surge of immigration hurt their wages?

The debate within the field of economics often centers on Nobel-prize winner David Card's ground-breaking paper, "The Impact of the Mariel Boatlift on the Miami Labor Market." Today on the show: the fight over that paper, and what it tells us about the debate over immigration.

More Listening:
- When The Boats Arrive
- The Men on the Roof

This episode was hosted by Amanda Aronczyk and Jeff Guo. It was produced by Willa Rubin, edited by Annie Brown, and engineered by Valentina Rodríguez Sánchez. Fact-checking by Sierra Juarez. Alex Goldmark is Planet Money's executive producer.

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Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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Economists challenge maxim: For inflation to go down, unemployment needs to go up

Saturday, September 09, 2023

An economic rule of thumb has been that lowering the inflation rate leads to higher unemployment. But that has been weakening lately. (This story first aired on Morning Edition on September 6, 2023.)

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Economists challenge maxim: For inflation to go down, unemployment needs to go up

Friday, September 08, 2023

For the past several decades, an economic rule of thumb has been that lowering the inflation rate leads to higher unemployment. But that correlation has been weakening lately.

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Facing an energy crisis, Germans stock up on candles

Tuesday, December 20, 2022

Germans are on a mission to transform their energy economy and reduce their consumption, including by — apparently — using lots of candles.

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