Fewer people want to work in the U.S.

Data: Indeed; Chart: Axios VisualsThe share of international job seekers looking to work in the U.S. has declined sharply this year, per a report from Indeed out Tuesday.Why it matters: The labor market is slowing down, and stricter immigration policy — beginning with the Biden administration and accelerating under President Trump — is further cooling demand for American jobs.By the numbers: Clicks from job seekers outside the U.S. started climbing in mid-2021 as the job market boomed in the pandemic recovery. They peaked in August 2023, at 2.4% of all postings, and declined to 1.7% by March 2025.The big picture: Certain industries, like health care and construction, rely heavily on workers from outside the country.The share of workers who are born outside the U.S. has been rising for years, as more native-born Americans age out of the workforce than enter it.The intrigue: Immigrants make up 40% of home health aides and 26% of physicians and surgeons, according to data cited by the Niskanen Center. These are jobs that will still be in demand, regardless of an economic downturn.Employers are worried about the possibility of more staffing challenges as immigration restrictions tighten in the Trump administration. How it works: The job site Indeed tracks clicks on U.S. jobs from those with IP addresses outside the country. They also examined clicks on jobs in Australia, Canada and Germany from outside those countries — each saw drops in interest as well, lining up with tighter immigration policies and cooling labor markets there, too.Between the lines: It's not clear from the Indeed data if the job market is possibly following a pattern seen in the tourism industry — where folks are less eager to come to the U.S. because of a rise in hostility to foreigners.The bottom line: There's less incentive for people to look for jobs abroad, because there are fewer positions and immigration policies are getting much stricter.

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