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The U.S.’s population growth is slowing as immigration has declined amid President Donald Trump’s deportation push and stricter border policies. According to new Census Bureau data, the drop-off is the biggest since the COVID-19 pandemic. From July 2024 to July 2025, the population of the United States grew by 1.8 million people (about 0.5%). This was mostly driven by immigration: During that period, the U.S. added 1.3 million immigrants. This is a steep decline from the previous year, in which 2.7 million immigrants arrived. The Census Bureau predicts that by July of this year, the number of immigrants could drop even more, to just 321,000. Meanwhile, the number of deportations, including self-deportations, totaled nearly 3 million as of January 20, according to the Department of Homeland Security. Previously, immigration in the U.S. had been growing for over 50 years until new policies enacted by the Biden administrationsuch as tightened border security measures and restricting asylum for those crossing between ports of entrytook effect in 2024. “The big takeaway is, wow, the Trump administration, and even the end of the Biden administration, made a big difference,” Steven Camarota, the director of research at the Center for Immigration Studies, told CBS News. “It sure looks like we’re seeing a fundamental change that reflects policy.” Aside from a decline in immigration, population growth has already been slowing for decades due to declining birth rates in the U.S. Impacts across the labor force will be undeniable, experts say. Juan Carlos Rivera, an immigration attorney based in Miami, has seen the effects of the U.S.’s new policies firsthand, given the uptick in deportations. Rivera says most of the individuals in the deportation cases hes seen were working and contributing to the country’s economy. Needless to say, deporting employees will come with hefty consequences, according to Rivera. “When fewer workers are available, businesses face higher labor costs, reduced productivity, and slower expansion,” he says. “That pressure shows up in higher prices for consumers and weaker overall economic growth.” Rivera also believes that the current immigration enforcement tactics will impact the nation’s ability to stay competitive with the rest of the world. “Other countries are actively competing for workers and talent as their populations age. If the United States does not maintain a legal and reliable immigration system that supports workers across skill levels, it risks losing ground in innovation, supply chain stability, and long-term economic leadership,” Rivera explains. According to a new report from Sedgwick, an HR administration company, immigration enforcement is already creating some of those broader economic issues. Per the 2026 report: “Immigration-related labor disruptions affect three-quarters of organizations to varying degrees,” which it calls “a chronic operational drag rather than an acute crisis.” Dave Arick, managing director of global risk management at Sedgwick, tells Fast Company that certain industrieslike healthcare, technology, and hospitality, which “rely more heavily upon scientific and technical qualifications for key roles”are already navigating “a highly competitive environment for attracting and retaining people with specific expertise and experience, especially when coupled with high market growth.” Therefore, Arick says that new immigration changes, such as those that “restrict immigrant higher education and employment,” will further “shrink the available talent pool”which will, in turn, “drive up costs to acquire the highest-qualified available candidates.”
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E-Commerce
Following last week’s anti-ICE economic blackout in Minnesota and national Free America Walkout, organizers are once again urging Americans to stop working, attending school, and spending money to protest the U.S. Immigration and Customs Enforcement crackdown surging across the country. The fatal shootings of Minneapolis residents Renee Good and Alexi Pretti by federal officers only increased the public outcry against the Trump administrations hardline immigration and border policies and aggressive tactics used by swarms of masked agents. Here’s what to know. What is National Shutdown Day? National Shutdown Day on January 30 is a call to striketo disrupt business as usualas a way for Americans to register their mounting anger at the Trump administration’s deployment of ICE and U.S. Customs and Border Patrol agents in Minneapolis and other cities nationwide. (Some 69% of Americans say President Trump is trying to exert more power than previous presidents, according to a recent survey from the Pew Research Center.) With the tagline No work. No school. No shopping. Stop funding ICE, the nationalshutdown.org website reads, The people of the Twin Cities have shown the way for the whole countryto stop ICE’s reign of terror, we need to SHUT IT DOWN. The entire country is shocked and outraged at the brutal killings of Alex Pretti, Renee Good, Silverio Villegas González, and Keith Porter Jr. by federal agents. . . . It is time for us to all stand up together in a nationwide shutdown and say enough is enough!” Organizers are also calling on Congress to cut funding to the Department of Homeland Security, which oversees ICE, when it votes on the current funding package ahead of a possible federal government shutdown. Walkouts, events, vigils, and protests are set to take place in all 50 states, including in New York City, Boston, Seattle, Los Angeles, Cleveland, Atlanta, Chicago, and Philadelphiafrom state capitals (Honolulu) to federal buildings and courthouses (Tucson, Arizona, and Cincinnati), universities (Stanford, Santa Clara University, the University of Washington, Northeastern University), and even some high schools (in Miami). On Friday, a number of student groups at the University of Minnesotaincluding the Somali Student Association, Black Student Union, and Graduate Labor Unionwill lead a walkout on campus. Students are always at the heart of movements for justice across the world, they said in a statement. Students are encouraged to participate in [the] protests after walking out.” Businesses nationwide to close for general strike Following Minnesota’s recent statewide strike, local businesses in the Twin Cities and across the nation are planning to close on Friday. They include 50 businesses and shops in Portland, Maine; several restaurants in Denver; bookstores, coffeeshops, and retailers in Rochester, New York; businesses in Omaha, Nebraska; a Las Vegas pizza shop; and numerous Los Angeles restaurants, to name just a few, according to local news reports. It has been increasingly difficult to watch what is unfolding in our country, the owners of Denver restaurant Sp Sa told television station KDVR. We have felt so helpless and alone, and its abundantly clear that no one will come to save us, so it is our civic duty to unite as a community in support of the most vulnerable. Grassroots organizers 50501 are calling for additional “ICE Out of Everywhere protests on Saturday, January 31, at ICE detention centers and offices; at airports to target airlines that are transporting ICE detainees, including Global Crossing Airlines and World Atlantic Airlines; and at some Congressional offices, according to The Guardian. Who is organizing the National Shutdown? National Shutdown Day, like many of the previous national walkouts and protests over the past year, lists a broad coalition of grassroots partners, including: 50501, local chapters of the American Civil Liberties Union, Defend Immigrant Families Campaign, Council on American-Islamic Relations, North Carolina Poor People’s Campaign, student groups, labor unions, and immigrant rights organizations. In addition, the strike has garnered the attention of a number of Hollywood celebrities, including Pedro Pascal, Jamie Lee Curtis, and Edward Norton. “We cannot act like this is not happening,” Norton, a longtime political activist, said at a recent Sundance Film Festival panel discussion. What theyre doing in Minnesota with the strike needs to expand. I think we should be talking about a national, general economic strike until this is over. New York University professor Scott Galloway has also called for a prolonged general economic strike.
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E-Commerce
Two of Elon Musks best-known companies look likely to be headed for a mega merger ahead of a mooted IPO. SpaceX, the South African entrepreneurs space exploration firm, and xAI, the AI company he established in 2023 to challenge OpenAI, are reportedly in discussions ahead of a merger and initial public offerings. Two business entities were established in Nevada on January 21, Reuters says, that are potentially designed to facilitate the deal. Combined, the two businesses are worth more than $1 trillion. Tesla, Bloomberg reports, could be involved as well. The IPO could happen in mid-June. Why mid-June? Because that’s a point when Jupiter and Venus will be in conjunction with one another, passing close to each other in their respective orbits, the Financial Times separately reported. June also happens to be Musks birth month; hell be 55 years old on June 28. Its suggested that the merged entity would be looking to raise up to $50 billion, nearly twice the amount of the largest IPO in history to datewhen Saudi Aramcos 2019 raise of $29 billionand would be doing so at a valuation of $1.5 trillion. None of the companies in question immediately responded to requests for comment. Such a merger is big news, in part because of Musks name and infamy, but also because it represents the pooling of two firms that appear at first not to be connected. But there are business synergies that make sense, says Caleb Henry, director of research at Quilty Space. I view the merger as Musks way to vertically integrate AI services by providing xAI with satellite infrastructure for on-orbit compute, he says. Musk has previously saidlike a number of others in the tech worldthat building data centers in space will be an important part of ensuring that were able to meet the compute demands of the current and ongoing AI revolution, in which Musks xAI is playing a large role through its Grok chatbot. Getting those data centers into space, if it ever happens, would need the rockets that SpaceX has become specialized in: Research company Payload Space estimates that SpaceX made $15 billion in revenue last year, around one-third of which was from launches. (The remainder was from its Starlink satellite internet service.) The viability of orbital data centers remains a subject of debate, but Musk is a firm believer that they are the future, acknowledges Henry. With that conviction in mind, it makes sense for him to merge SpaceX and xAI. Doing so would help Musk avoid the headache of having to arrange, pay for, and plan out capacity on Earthsomething xAI is already in trouble about, after the Environmental Protection Agency recently ruled that the AI companys Colossus data center generated more electricity than was legally permitted. Rather than having xAI pay for data centers on the ground, SpaceX can host them in orbit on the Starlink satellite constellation. xAI could get cost savings by vertically integrating with orbital data centers, similar to how Starlink saves on launch costs by being part of SpaceX, says Henry. Not everyone is as convinced of the business case, however. It shows Elon Musk is good at raising money on whatever the theme is at the moment, acknowledges E.W. Niedermeyer, author of Ludicrous: The Unvarnished Story of Tesla Motors, and an auto industry analyst. Niedermeyer believes that the mooted move is more about puffing up both Musks companies in the eyes of the public. It’s a classic Elon Musk move in the sense that I was both totally shocked by it, and then almost immediately, not at all shocked, he says. Niedermeyer believes the merger helps both companies support one another, and potentially access more cash from a public offering, that will keep them both going. We know very little about their actual economics, because they’re privately held companies, he says. But what we do know is not wildly encouraging, pointing to the fact that both repeatedly raise cash from investors, suggesting theyre not able to fund their own growth. It looks like Elon Musk has one window to do a big IPO, and he wants to make the most of that, says Niedermeyer. Part of the problem is that xAIs cash burn is likely to be significant because of the demand for AI products like Grokan issue that Musks AI company isnt alone in feeling, Niedermeyer admits. On the space exploration side, Niedermeyer says that the Falcon 9 and Starship initiatives are literal moonshot projects that take a lot of cash. Thats what makes it so surprising that SpaceX could go public: Musk has previously said in 2013 that SpaceX had to remain private in order to maintain its overall mission. I see this as a way to keep things rolling along, says Niedermeyer. But it also runs the risk of alienating some of Musks most ardent fans, he warns. Ive already seen evidence in forums that the IPO plan has been really toxic to some of the most committed parts of his fanbase, Niedermeyer says. I just see this as being sort of the last big cash-in and I genuinely don’t know where he goes from here.
Category:
E-Commerce
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