Bay Area Mass Deportations Could Cost Economy $67 Billion
Mass deportations could cut Bay Area GDP by $67 billion and threaten $8.4 billion in annual tax revenue, impacting key industries and worsening labor shortages, the report found.
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Mass deportations could cost Bay Area $67 billion a year; report shows loss of undocumented workers
Mass deportations could cost the Bay Area region $67 billion a year, according to a new report by the Bay Area Council. The new report shows just how much of a difference immigrants and undocumented workers make to our local economy.
Mass deportations would cost Bay Area economy $67 billion, study says
The Bay Area has been spared mass deportation efforts like the ones in Los Angeles and Minneapolis. But other enforcement, like the end of protected status, targeted homeland security enforcement, and even student and worker visa changes, resulted in deportations and arrests—sometimes without due process. 2.6 million immigrants call California home, with 477,000 of those being undocumented and about 350,000 of those people working, according to …
Mass deportations could jolt Bay Area economy and trigger job losses: report
Mass deportations could jolt the Bay Area economy, erode the region's already shaky job market, undermine federal, state and property tax revenue, and dampen retail and restaurant spending, according to a new economic report.
Bay Area Faces Up to $67 Billion GDP Loss From Immigration Enforcement, New Study Warns
A report from the Bay Area Council Economic Institute quantifies the economic risks of removing the region’s undocumented workforce, finding sweeping consequences for construction, hospitality, tax revenues, and mixed-status households across all nine counties. The San Francisco Bay Area stands to lose as much as $67 billion in annual economic output, $8.4 billion in tax […] The post Bay Area Faces Up to $67 Billion GDP Loss From Immigration Enf…
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