Charting the Economic Impact of Immigration

I lifted this chart from an article, “The (Illegal) Immigrant Effect,” in the Richmond Federal Reserve Bank’s “Region Focus” magazine. Surveying economic studies about the econonomic impact of immigration, the article concludes: “Immigrant labor lowers wages for less-skilled native-born Americans, but it also lowers prices for consumers. The biggest economic beneficiaries of immigration are immigrants themselves.”

As an aside, it’s remarkable how Hispanic immigration seems to be transforming the demographics of North Carolina far more than downstate Virginia.

(If you have trouble reading the text in the map, click on the image to enlarge it.)