Will Worsened Economic Conditions Lead to Less Immigration to the U.S.?

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With unemployment rates hovering near double digits the last two years and meager growth forecasted by most economists, prospects do not look great for the United States job market. However, does the unfavorable trend signify that the U.S. is becoming a less desirable place to immigrate? More importantly, will the diminished prospects slow down the number of foreigners legally immigrating to the U.S.? Typically, anytime there is a reduction in job opportunities, the desirability of a location diminishes. Yet, it’s not so clear that the U.S. will see a reduction in the number of immigrants. To better gauge the impact of economic conditions on immigration trends, I compared historical unemployment rates (a good metric for overall economic health) against the number of annual green card recipients (permanent resident grants) over the last thirty five years.

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