Trump’s Big Bet on Immigration Isn’t Paying Off for Most Workers

特朗普对移民的大赌注并未为大多数工人带来回报

WSJ What’s News

2026-04-23

12 分钟
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P.M. Edition for April 22. A year into President Trump’s immigration crackdown, data is starting to provide answers to a longstanding policy question: What effect do immigrants have on wages, and what happens when they leave? WSJ economics reporter Paul Kiernan digs into it. Plus, the Trump administration nears a deal to save Spirit Airlines. And Tesla reports higher revenue and profit for its most recent quarter. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • So there's a lot of noise about AI, but time's too tight for more promises.

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  • The Trump administration nears a deal to save Spirit Airlines.

  • Plus, how has President Trump's immigration crackdown affected the labor market?

  • We dig into the data.

  • President Trump and his allies have long said that reducing immigration would bring higher wages

  • and more jobs to American-born workers.

  • We did a broad review of Labor Department data on wages and job growth and unemployment,

  • and we just did n't really find a whole lot of evidence of that.

  • And Tesla reports higher profit and sales in its latest quarter.

  • It's Wednesday, April 22nd.

  • I'm Alex Osola for The Wall Street Journal.

  • This is the PM edition of What's News, the top headlines and business stories that move the world today.

  • Tesla reports this afternoon that profit grew 17% from a year earlier, while sales grew 16% to $22.4 billion.

  • In the auto division, deliveries were up more than 6%.