Comment by andrewmutz
10 hours ago
When a person relocates to a country where their labor is more productive, a large amount of new economic value is created. Much of that value is captured by the migrant through higher earnings, but a lot also accrues to the people in the community they join.
So an engineer joining a country that already has engineers still creates a ton of value in the destination country
And if they displace someone trying to join the engineering workforce say right out of school? What about housing?
There is no fixed demand for jobs, nor fixed supply of housing. Immigrant consumption creates a lot of jobs and immigrant labor creates a lot of housing
Look up the "lump of labour fallacy". The jobs market is not a zero-sum thing.
The timescale that the "lump of labour fallacy" operates on, as in the aggregate effects on employement, doesn't necessarily work for most people (individually).
Therefore it isn't really a good metric at the scale required to alleviate the problems people are facing.
"Eventually it will work out." Isn't proffering a solution.