The U.S. economy with fewer immigrants
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 1 May 2026
⏱️ 9 minutes
🧾️ Download transcript
Summary
Last year, more people left the U.S. than moved in — it’s the first time that’s happened in at least half a century. And 2026 is expected to see even more outmigration. Immigrants pay taxes and are a major part of the labor force in construction, agriculture, and healthcare. All of that can have lasting effects on the economy. But first up, we explore federal government retirement matching and dig into underemployment.
Transcript
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| 0:00.0 | Storms, floods, and fires are ever more extreme. |
| 0:04.2 | And yet, the Federal Emergency Management Agency is fighting for its life. |
| 0:08.5 | I've never been a big fan of FEMA. |
| 0:10.0 | FEMA's a disaster. |
| 0:11.1 | FEMA's a dirty way. |
| 0:11.9 | People are waking up in droves to the FEMA camps. |
| 0:14.8 | Can the agency survive the stories that have been told about it? |
| 0:18.2 | And can we survive without FEMA? |
| 0:20.6 | American Emergency, the Movement to Kill FEMA, is a brand new series from WNYC's On the Media. |
| 0:27.2 | Listen, wherever you get your podcasts. |
| 0:30.1 | Programming is supported by Stole Reeves, a leading U.S. corporate and litigation law firm |
| 0:35.0 | providing sophisticated business clients' high-quality legal services |
| 0:38.6 | with offices in seven states and Washington, D.C. Stoll Reeves is a nationally recognized leader |
| 0:45.1 | in project finance and natural resources industries. From deals and disputes to compliance |
| 0:50.9 | and counseling, clients turn to Stole Reeves for their most complex business challenges. |
| 0:56.1 | Learn more at S-T-O-E-L.com. |
| 1:01.2 | Another way to look at the jobs report. |
| 1:04.5 | From Marketplace, I'm Nancy Marshall-Genzor in Washington. |
| 1:07.7 | First, starting next year, millions of Americans will be eligible for a matching |
| 1:12.2 | contribution to retirement plans from the federal government. And President Trump signed |
| 1:17.0 | an executive order yesterday to set up a government-run website to help people shop for |
| 1:21.8 | eligible retirement accounts. Marketplace's Henry Epp reports. This program was set up under |
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