The immigration crackdown is already affecting the labor market, with May non-farm payrolls showing only 139,000 new jobs and the unemployment rate remaining at 4.2%. 

Indian student video reignites border debate, here’s how Trump's illegal immigrant crackdown affecting US job market

Hiring was driven by notable gains in health care, leisure and hospitality, and social assistance, while federal government employment continued to shrink. 

US employment rises moderately in May; unemployment steady at 4.2%

Supported by strengthening domestic demand amid increased COVID-19 vaccinations and additional pandemic aid US job openings rose to a two-year high in February.

World Business Watch: US job openings jump to two-year high in boost to labour market

The?Fed?has now raised rates four times as part of a normalisation of monetary policy that began in December 2015. The central bank had pushed rates to near zero in response to the financial crisis

Fed raises rates, unveils balance sheet cuts in sign of confidence

us-job-market

Us Job Market, News on Us Job Market, stories on Us Job Market, articles on Us Job Market, Us Job Market stories at Wion, Us Job Market news, Us Job Market latest news

us job-market

Indian student video reignites border debate, here’s how Trump's illegal immigrant crackdown affecting US job market

US employment rises moderately in May; unemployment steady at 4.2%

World Business Watch: US job openings jump to two-year high in boost to labour market

Fed raises rates, unveils balance sheet cuts in sign of confidence