What's Fueling the Rapid Rise in Illegal Immigration from India to the US?
The QuintIn USA, the labor force participation rate in March 2023 is nearly five percentage points lower than it was in early 2000’s, albeit female rates improved in 2024. The skill set, style and work preference of Gen-Z workers has changed drastically, many preferring self-employment in the fast growing "Digital economy", leaving a large proportion of conventional job vacancies unfulfilled. The housing market trends during the last decade characterized by inventory shortages, rising prices and more recently the rapid increase in borrowing costs, has also impeded labor mobility by limiting or delaying the youth from chasing productive employment. Given such complex processes of labor supply and demand dynamics as well as the market segmentations and changing work preferences, the long-term sustenance of the workforce in the US underscores the need for immigration; even if that comes in the form of an influx of asylum seekers also known as undocumented workers.