Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/284080 
Year of Publication: 
2023
Series/Report no.: 
Working Paper No. WP 2023-39
Publisher: 
Federal Reserve Bank of Chicago, Chicago, IL
Abstract: 
Standard estimates based on the main household survey used to shed light on labor markets -the Current Population Survey (CPS)- suggest that after a significant drop during the pandemic, recent rapid growth has brought the foreign-born population back to, or above, levels predicted by the pre-pandemic trend. However, we document that the weighting factors used to make the CPS nationally representative have recently displayed some unusual movements and conclude that standard estimates of the foreign-born population may currently be too high. We also show that recent labor market indicators are inconsistent with increased foreign-born induced slack.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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