>> Mark. Mark. Thank you.>> Chairman Powell. Mark Hamrick with bank rate. What is the view about the growing amount of slack in the job market, including the softening in payrolls, the forecast of a modest rise in the unemployment rate and the ability of workers to demand wage hikes or not.In this environment where you have inflation surging. >> I don't you don't see you don't really see unemployment going up. You don't see increased slack, really.I mean, at the margin, remember you're at 4.2% unemployment. ...

Economic Impact of Immigration - Immigration expands the economy, leading to job creation rather than job displacement [1] - Increased labor supply from immigrants may exert downward pressure on wages, particularly for lower-skilled workers [1] Sociopolitical Factors - Societal frustrations stemming from market failures in housing, healthcare, childcare, and the labor market can lead to scapegoating of immigrants [1] - Political gridlock and lack of immigration reform exacerbate negative perceptions and hinder effective solutions [1]