Immigration News Blog

Thursday, May 17, 2007

Greenspan: More skilled immigrants needed

Greenspan: More skilled immigrants needed
For the U.S. economy to prosper, white-collar professionals must have more competition from skilled immigrants, former Federal Reserve chief Alan Greenspan told metro Atlanta executives Thursday. A shortage of skilled workers is hampering growth while also widening the gap between skilled and unskilled, he said. "We could solve two very important problems with the stroke of the pen," he said. "What we can do is increase the supply of skilled workers dramatically. What we will do is flatten out the increase in wages for skilled workers."


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