Business · 1 min read
America faces a worker shortage as immigration slows down
Net international migration is expected to drop to 321,000 in 2026.
America is facing a demographic slowdown as fewer people join the labor force and immigration declines. Economists warn about a coming shortage driven by lower birth rates and aging baby boomers. Pia Orrenius, a labor economist at the Federal Reserve Bank of Dallas, says immigration usually drives about half of job growth.
Tourism has also declined. Leigh Barnes, the North America president of Intrepid Travel, an international travel company, reports a 67% drop in Canadian travelers from 2025 to 2026, along with a 30% decline from Australia and New Zealand and a 24% decrease from Europe, the Middle East, and Africa.
Reported and written by MYB News.
Figures as reported by Business Insider.
