Immigrants boost the U.S. labor market

Immigrants boost the U.S. labor market

With 12.8% of Rhode Islanders being foreign-born, this is promising news to rebuilding Rhode Island’s economy! 

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Immigrants with advanced degrees from U.S. universities working in the fields of science, technology, engineering, and mathematics are creating jobs in the U.S. (Photo: Smartplanet.com)

By MARIANA CRISTANCHO-AHN
Channel: Economics, Immigration

Did you know that 25% of the high-tech companies created in the U.S. from 1995 to 2005 were founded by at least one immigrant, and that nearly 40% of the 2010 Fortune 500 companies were started by an immigrant or the child of an immigrant?



These are some of the findings regarding the impact of immigration on the U.S. economy – particularly in the labor market – that are analyzed in a study published today by the American Enterprise Institute and the Partnership for a New American Economy.

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