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The economic impact of illegal immigration to the United States is challenging to measure and politically contentious. Research shows that illegal immigrants increase the size of the U.S. economy/contribute to economic growth, enhance the welfare of natives, contribute more in tax revenue than they collect, reduce American firms' incentives to offshore jobs and import foreign-produced goods ...
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).
Evidence for this may be seen in the average wages of illegal day laborers in California, which was between $10 and $12 per hour according to a 2005 study, and the fact that this was higher than many entry-level white-collar or service jobs. [49]
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
€1,934.40 (US$2288) per month, and €11.16 (US$13.2) per hour for persons 21 and older; between 30–80% (as low as €3.35 per hour) of this amount for persons aged 15–20. [173] An additional holiday allowance of 8% of the annual wage is paid in May or June, prorated for the time worked in the year.
The provincial GDP in 2021 was C$504,5 billion, [ 9 ] making Quebec the second largest economy in Canada after Ontario. The provincial debt-to-GDP ratio peaked at 50.7% in fiscal year 2012–2013, is now resting at 38.1 in 2022, [ 10 ] and is projected to decline to 34% in 2023–2024. [ 11 ]
Even with the 2016 progressive tax brackets up to 15%, Albertans who have the highest incomes, those with a $150,000 annual income or more—about 178,000 people in 2015, pay the least in taxes in Canada. [129] — About 1.9 million Albertans earned between $25,000 and $150,000 in 2015.
As a reference point, the US minimum wage since 2009 has been $7.25 per hour or $15,080 for the 2080 hours in a typical work year. The minimum wage is approximately 25% over the official U.S. government-designated poverty income level for a single person unit (before taxes) and about 63% of the designated poverty level for a family of four ...