Fed Officials Sharpen Concerns Over Trump’s Immigration Policy

  • Shortages no longer limited to skilled labor, companies report
  • Kaplan says ‘sensible immigration reform’ can help boost GDP
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Federal Reserve officials are beginning to worry out loud that President Donald Trump’s immigration policies are depriving U.S. companies of a scarce resource: workers.

Patrick Harker, president of the Philadelphia Fed, became the latest policy maker to call attention to the struggles of companies in finding low-skilled labor.