Professor Gordon Hanson quoted on Forbes.com
IR/PS professor provides commentary on Mexican immigrants
07/06/2009
Jesse Bogan,
Forbes.com
HOUSTON - In light of unsettling unemployment figures released Thursday, consider buying one of the estimated 8 million illegal immigrants in the U.S. a beer this Fourth of July.
The effects of 9.5% unemployment would be worse without them, says Gordon Hanson, director of the Center on Pacific Economies at the University of California San Diego, describing illegal immigrants as "shock absorbers."
"The pronounced cyclicality of the employment of immigrants means less pronounced cyclicality in the employment of native workers," Hanson says.
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