(NEWS) The Decline in U.S. Net Migration over the Last Five Years

About 45 million foreign-born people currently live in the United States, making up about 14 percent of the U.S. population — a share that is just below the fraction of immigrants living in the United States around the turn of the twentieth century, when immigration was at its previous historic high. But net migration to the United States, the change in the number of foreign-born residents, has significantly declined over the last five years due to policies of the Trump administration, processing backlogs, the pandemic, and other factors. This slowdown has implications for the number of workers available and for fiscal sustainability at a time when the national debt relative to GDP is the highest it has been since World War II.

Tara Watson, The Econofact Network, March 7, 2022
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