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Migration Miracle: Immigration Fuels Economic Boom, Beats Labor Shortage

Immigration is vital to the US workforce, contributing 18.6% of workers. They fill critical roles, reduce labor shortages, and boost tax revenues. Immigrants have high labor participation rates and entrepreneurship, creating jobs for US-born workers. Concerns about job competition are largely unfounded. Immigration helps offset a declining birth rate and aging workforce, ensuring the sustainability of Social Security. Overall, economists recognize immigration as a net positive for the US economy, despite its complexities.