Immigration Doesn't Hurt Native-Born Workers | Daniel Griswold | Cato Institute: Commentary: "immigration helps to soften swings in the unemployment rate by acting as a kind of safety valve for the U.S. labor market. When jobs are plentiful and labor markets tight, immigrants tend to come in greater numbers. When jobs are scarce and unemployment high, immigrants arrive in fewer numbers and more choose to return to their native countries"
"immigration from 1990 to 2004 had reduced the wages of Americans without a high school diploma by 1 to 2 percent, while boosting the wages of the more than 90 percent of American adults with a high-school education by 0.7 percent in the short run and 1.8 percent in the long run."
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