Trump's Trade and Immigration Stances are Partly Right and Partly Wrong, Economists Say

3/7/2016 - Professor of Economics Giovanni Peri in The Los Angeles Times.

Trump is partly right in saying that trade has cost the U.S. economy jobs and held down wages.

He may also be correct — to a degree — in saying that low-skilled immigrants have depressed salaries for certain jobs or industries, the latest economic research shows.

Where Trump gets things wrong, economists say, is in exaggerating the downside and ignoring the benefits that trade and immigration provide to the economy.

Although some studies have suggested that low-skilled immigrant labor reduces wages in certain industries, whether meatpacking or gardening, the bulk of economic research analyzing data over the last 40 years shows that immigration has had no significant detrimental impact on wages or employment for American workers overall, said Giovanni Peri, a leading authority on the subject at UC Davis.

Read the full story in The Los Angeles Times.