Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.

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Sharing the workload may also give the co-CEOs more time with their family. That's something they might be lacking - 60% of CEOs report spending too little time with their family, according to a study by executive search firm Russell Reynolds.