Meet the typical immigrant worker who's recently come to the US: A young man working in construction or food services making under $40,000 a year [Business Insider]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Business Insider
Recent immigrants typically work in construction or food services and earn less than $40,000 a year. Nearly three million more Americans are working than they were in January 2020, but the number of US-born workers has barely budged That means immigrants, specifically foreign-born workers, are responsible for most of the US job growth of recent years. Foreign-born workers' share of the US workforce rose from 16.8% in January 2020 to 19.3% in March 2024, according to a Business Insider analysis of Bureau of Labor Statistics data. Supporters of immigration say these newcomers have provided the US economy a huge boost and not taken Americans' jobs — a common argument made by those against immigration. With many boomers reaching retirement age and young people having fewer children than they used to, immigration might be the best way for US labor force levels to sustain and grow However, some people have argued that immigrants are, in fact, taking Americans' jobs, in addition to
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Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- GS's page on the SEC website