live Tanker struck by unknown projectile off Saudi Arabia
An unknown projectile struck a tanker 68 nautical miles northeast of Saudi Arabia on Friday according to a report released by the United Kingdom Ma...
While the White House touts strong job gains as the “Trump effect,” economists caution that aggressive immigration enforcement may undermine labour supply and long-term economic growth.
President Donald Trump’s $150 billion “Big, Beautiful Bill” to enhance border enforcement and deportations is drawing fresh concern from economists who warn it may weaken the labour market by shrinking the supply of foreign-born workers.
The foreign-born workforce declined for a third consecutive month in June, despite employers adding 147,000 jobs overall. Economists say this trend could mark the early economic impact of Trump’s immigration crackdown — a core element of his second-term agenda.
While White House officials argue that the megabill will bring more native-born Americans into the labour force, many economists disagree. Federal Reserve Chair Jerome Powell recently warned that slowing labour force growth, including due to declining immigration, could hamper the U.S. economy’s expansion.
Glassdoor’s lead economist Daniel Zhao noted that a slowdown in hiring could signal slower economic growth ahead. The Congressional Budget Office and private institutions such as Deutsche Bank and the American Enterprise Institute have similarly warned that reduced immigration could lower GDP and strain industries dependent on foreign-born workers.
Trump administration officials, including Council of Economic Advisers chair Stephen Miran, argue that the U.S. has an underutilised domestic workforce — particularly among young and part-time workers — and that tax incentives and stricter benefit requirements will encourage them to take available jobs.
Miran rejected claims that the U.S. lacks a domestic labour substitute for immigrants, stating that the right incentives can mobilise native-born workers. However, he acknowledged that policy uncertainty might result in weaker employment numbers in the short term.
Meanwhile, law enforcement encounters with migrants at the U.S. southern border have fallen sharply, signalling a broader decline in undocumented immigration — a factor previously linked to increased labour availability.
Despite political support for tighter immigration, Trump has also admitted concern about how the policies might impact sectors such as agriculture and hospitality, which rely heavily on migrant workers.
As the U.S. faces an ageing population and declining population growth, economists continue to emphasise the importance of immigration in sustaining long-term workforce expansion.
The U.S. has banned government employees working in Saudi Arabia from using airports in the country without special authorisation. It comes after a deadly Houthi strike on Riyadh's King Khalid International Airport killed at least 13 people last week.
U.S. President Donald Trump has called it “a disgrace” that Ukraine has resumed attacks on Russian oil refineries. Attacks are continuing from Russia and Ukraine as media reports say Ukraine has almost run out of Patriot interceptor missiles.
An unknown projectile struck a tanker 68 nautical miles northeast of Saudi Arabia on Friday according to a report released by the United Kingdom Maritime Trade Operations (UKMTO) on Saturday.
France is preparing for a fresh wave of nationwide demonstrations this weekend as rising living costs, education concerns and growing political tensions converge into one of the most significant protest movements seen in the country in recent years.
Romanian rescuers resumed their search for seven missing sailors on Friday (16 October) after a drone strike set a chemical tanker ablaze near the country’s Black Sea coast. The attacks have raised fresh security concerns along a vital regional trade route.
Russian strikes on Ukraine’s energy and water systems, combined with damaged homes and rising living costs, could force more people to flee this winter, the International Organization for Migration (IOM) warned on Friday, as its response plan for the country remains less than 7 per cent funded.
Ukrainian President Volodymyr Zelenskyy said on Saturday that a potential meeting between Ukraine, the United States and Russia could take place during the G20 summit in Miami in December, although neither Washington nor Moscow has confirmed the talks.
Nearly half of delegates walked out of an International Monetary Fund meeting in Bangkok on Saturday as Russian Finance Minister Anton Siluanov addressed the group, exposing deep divisions over Moscow’s war in Ukraine.
Nationwide protests are set to begin in France on Saturday with students, trade unionists and remnants of the Yellow Vest movement expected to demonstrate against rising living costs amongst others.
European Union leaders wrapped up a summit in Brussels with agreement emerging on several key issues, including support for the automotive industry, trade tensions with China and financing for Ukraine.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment