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US Dept. of Labor recovers US$1.1M for 263 foreign workers denied wages, benefits, jobs as described in contracts with Eleva, Wisconsin-based Northwoods Forestry and A&C Forestry Services; company owner enters plea agreement, sentencing is April 19

GlobalData: China's demographic crisis to exacerbate economic strain and weaken its geopolitical power, as more dependents require higher tax rate that will hurt productivity, innovation; US has more favorable demographic outlook partly due to immigration

Former co-owner owner of Northwoods Forestry in Wisconsin to pay US$1.35M for making false statements to federal agencies; Alfredo Aguilar employed temporary foreign workers under H-2B program for forestry work but placed them with non-forestry employers

Business Insider: Fed Chair Powell says there's a structural labor shortage due to early retirement, deaths from COVID, not enough immigration; problem could be long-term, and workers may hold power for years, with most not seeing their jobs in jeopardy

Boston Consulting: Labor shortages costing world's 30 largest nations US$1.3T/year, and businesses must embrace migration to fix issue; cross-border migration now generates annual economic output of US$9T, and could more than double by 2050 to US$20T/year

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