Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.

· · 来源:open资讯

LVMH has made a key leadership change at its China unit, as the world's largest luxury group adjusts its structure in a softer market.

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