Immigration Will Boost the California Economy

May 10, 2013. The state controller of California makes the case for embracing immigration reform, in the Mercury News of Silicon Valley.

 

The Fiscal Policy Institute estimates that immigrant-owned small businesses employed 4.7 million people in 2007, 500,000 of them in California. With sound immigration reform, we could see more people opening small businesses. According to a study by the Center for American Progress, extending legal status or citizenship to current residents can lead to an annual job increase between 121,000 and 203,000, depending on how fast the reforms are implemented. California stands to expand employment by at least 12,000 jobs annually.

 

Published On: May 10th, 2013|Categories: FPI in the News|

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May 10, 2013. The state controller of California makes the case for embracing immigration reform, in the Mercury News of Silicon Valley.

 

The Fiscal Policy Institute estimates that immigrant-owned small businesses employed 4.7 million people in 2007, 500,000 of them in California. With sound immigration reform, we could see more people opening small businesses. According to a study by the Center for American Progress, extending legal status or citizenship to current residents can lead to an annual job increase between 121,000 and 203,000, depending on how fast the reforms are implemented. California stands to expand employment by at least 12,000 jobs annually.

 

Published On: May 10th, 2013|Categories: FPI in the News|

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