December 30, 2013. The Latino Post reviews reports about the economic impacts of immigrants on the U.S. economy, including one by the Fiscal Policy Institute.
Research proves that immigration and economic progress go hand in hand. Contrary to fears that immigrants will take American jobs and make unemployment even worse, studies show that mending our broken U.S. immigration system would actually help end America’s job crisis….
According to a 2012 study from the Fiscal Policy Institute, immigrant-owned small businesses employed nearly five million Americans in 2010 and generated an estimated $776 billion in revenue. Plus, the Partnership for a New American states that more than 40 percent of Fortune 500 companies were founded by immigrants or first generation Americans.