Immigrant Workers Save Aging Economies But Face Financial Struggles In Their Senior Years
Immigrants support the economy of aging societies in many ways. They pay into social pension programs, which finance the lives of retirees. Many of them work in the care industry and directly serve older people, which reduces nursing home needs on a community level. Immigrants themselves also benefit economically from moving to a new country. At every education level, they typically enter the labor market with lower wages than native-born citizens do, but eventually catch up over time. However, my recent study has revealed that things look...
