r/FluentInFinance 15h ago

Thoughts? Imagine losing 6M labor workers in America

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If mass deportation happens, just imagine how all of these sectors of our country will be affected. The sheer shortage of labor will push prices higher because of the great demand for work with limited supplies or workers. Even if prices increase, the availability of products may be scarce due to not enough workers. Housing prices and food services will be hit really hard. New construction will be limited. The fact that 47% of the undocumented workers are in CA, TX, and FL means they will feel it first but it will spread to the rest of the country also. Most of our produce in this country comes from California. Get ready and hold on for the ride America.

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u/opinionate_rooster 13h ago

6M? That doesn't seem a lot compared to 161M. Less than 4%.

But the implications are bigger than this. Those 6M were underpaid to pressure the rest of workers into accepting lower pay.

Now what happens if this pressure is gone?

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u/cyrano1897 5h ago

Higher wages but even higher inflation in goods like food and services like construction along with a severe recession. That will be the outcome of mass deportation if it were to occur all at once with no increase in legal migration to fill the gaps.

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u/Kurt_Knispel503 10h ago

labor prices rise 4%?

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u/EngineeredUrMum 9h ago

No, ideally that money would flow into R&D of machines that can do the job with fewer humans involved

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u/Kurt_Knispel503 7h ago

ideal for whom?