President Donald Trump’s deportation policy is pressuring Texas employers to raise wages, recruit sidelined Americans, and invest in productivity-boosting technology, according to the Federal Reserve Bank of Dallas.
“Texas firms are taking measures to address [Trump’s] impact … [by offering] planned wage and benefit increases and more hiring of U.S.-born workers, naturalized citizens or legal permanent residents,” said an October 17 bank report by pro-migration economists.
Almost half of the surveyed companies said they hope to extend overtime for
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