Immigrants have always had a massive impact on the U.S. economy, and that continues into the present day. They’re a very important part of the workforce and often go overlooked, despite the value they provide.
Let’s break down just a few ways that immigrants are a huge help to both national and local economies.
Immigrants cover workers shortages
Worker shortages harm not just a business, but the end consumer. Immigrants who come specifically looking for work are in a perfect position to cover those shortages and provide manpower when needed.
Immigrants allow children to become upwardly mobile
Many immigrants say that their main focus is on creating a better life for their children. This allows the children to become upwardly mobile, which benefits the economy in the future. This isn’t just about the immediate impact, but about the next generation.
Immigrants start more small businesses
Native-born Americans do start many small businesses, but a higher percentage of the immigrant community does so. Again, this may be because their focus, when immigrating, was on getting to a place where their business could thrive. Regardless, opening new businesses helps the economy and provides jobs for both native-born workers and other immigrants.
What questions do you have about immigrating to the U.S.?
It’s clear that immigrants are valuable to the United States. The U.S. can greatly benefit immigrants by giving them new opportunities, and those immigrants return the favor by bringing this country positive economic benefits in return. If you have questions about the immigration process, it’s important to learn as much as you can to set yourself and your family up for future success.