Population decline in the US could be a long-term problem
The notorious reduction in the birth rate and the increase in mortality figures could be factors that weaken the country’s economy in the long term. Faced with this problem, experts believe that stimulating and encouraging immigration might be a practical solution.
The population growth figures have been the lowest in recent years, taking into account the following:
- Population growth between 2020 and 2022 was only 0.02%.
- In 2016, the number of foreigners moving to the US was approximately 1 million people, compared to the most recent figure, only 247,000.
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Other factors contributing to the population decline
Among the major factors influencing the reduction of people residing in the US are:
- The advent of the COVID-19 pandemic, which generated an abrupt growth in the average number of deaths.
- Due to the health crisis, citizens wanted to control the birth rate because the hospital network had difficulties in assisting the growing number of patients, in addition to the reduction of trained personnel.
- Some measures on immigration protocols resulted in fewer foreigners submitting applications to enter the country, as well as increased waiting times for most existing immigration processes.
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How do these numbers affect the country’s economy?
In the long run, the consequences of this reduction in the number of inhabitants could hinder the development of the economic system, making the US “an older, less productive and less dynamic country in the future”.
Other than that, it is important to consider that the reduction in working-age population numbers, caused by the retirement of many workers during the contingency, could be a weakening point for the business sector.
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Immigration as a strategy to stimulate population growth
Immigration turns out to be an alternative to face the demographic reduction, which together with the implementation of policies that allow the entry of more foreigners, favor the development of the country’s economy, contributing to the innovation and stimulation of the labor sector, especially due to the exchange and consumption of more goods and services.
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If you need help with an immigration case of any kind, our team can help you
We understand that starting an immigration process requires constant dedication and expert help. Our team is highly qualified to guide you through your immigration journey in the US, so please don’t hesitate to contact us for a FREE Phone Consultation with one of our expert immigration attorneys.
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