Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.
KP Snacks, which acquired the Herefordshire-based crisps company in 2018, is now proposing to close the Uttoxeter site where its non-potato products are manufactured.
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