Goldman Sachs: U.S. immigration plummets by 80%, reshaping the employment "breakeven point"; AI becomes the biggest variable in the labor market
Goldman Sachs’ latest analysis points out that the fundamentals of the U.S. labor market are undergoing profound changes. Due to the Trump administration's immigration restriction policies, net immigration has plummeted by 80%. This shift is redefining the level of job growth required to keep the unemployment rate