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Fortune
Fortune
Nino Paoli

Trump immigration policies would slash workforce estimate by 15.7 million and slow GDP growth by a third over the next decade, study says

President Donald Trump listens to other speakers after delivering remarks during an event in the Oval Office of the White House on October 16, 2025 in Washington, DC. (Credit: Kevin Dietsch/Getty Images)

The U.S. immigration crackdown will cause net job losses in the millions and will lower the annual rate of economic growth by almost one-third over the next decade, a new study estimates.

The Trump administration’s policies aimed at legal and illegal immigration would reduce the projected number of workers by 6.8 million by 2028 and 15.7 million by 2035, the National Foundation for American Policy’s study released Friday found. People entering the workforce won’t fully make up for the job losses, leading to a net reduction in the labor force by a projected 4 million workers by 2028 and 11 million in 2035. 

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