The importance of immigrants in the United States economy has never been more evident.
New data from the American Immigration Council highlights how immigrants are crucial to filling critical gaps in the workforce and driving economic growth. From healthcare to entrepreneurship, their contributions are invaluable.
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General Contributions of Immigrants in the US Economy
Immigrants represent a significant portion of the US population, with nearly one in seven people being immigrants.
In 2022, immigrant families paid an impressive $579.1 billion in taxes, demonstrating their vital contribution to federal, state, and local tax revenues. This significant amount underscores the economic and social relevance of immigrants to the country.
Impact of Immigrants in the US Economy in Healthcare, Agriculture, and Construction
In healthcare, immigrants play an essential role, especially in a scenario where the Bureau of Labor Statistics projects a significant shortage of professionals by 2036.
Currently, 15.6% of nurses and 27.7% of healthcare aides are immigrants. States like New York and New Jersey have a high concentration of these professionals, highlighting their importance in keeping the healthcare system functioning.
In agriculture, which contributed $1.5 trillion to the US GDP in 2023, this group is the backbone of the workforce.
With 54.3% of graders and sorters of agricultural products being immigrants, their presence maintains agricultural production at adequate levels and ensures the country's food supply.
In the construction sector, the shortage of skilled workers is a growing challenge, with a forecasted shortfall of about 500,000 workers by 2025.
Immigrants make up one in four construction workers, with states like California and Texas having over 40% immigrant workers in this sector. Their participation is vital to address housing shortages and reduce high housing prices.
Impact immigrants in the US economy in Entrepreneurship and Innovation
In addition to filling workforce gaps, immigrants are crucial to entrepreneurship and innovation in the US.
In 2022, immigrants accounted for 22.6% of the country's entrepreneurs, generating over $110 billion in business income. These businesses not only create jobs but also invigorate the local and national economy.
The business creation rate among immigrants is significantly higher than among natives, underscoring their crucial role in promoting economic growth and innovation.
Also Read: Why start a business in the USA?
Is it worthwhile for immigrants to naturalize as American citizens?
Naturalization is part of the process of integrating immigrants into American society.
More than half of immigrants in the US are naturalized citizens, with even higher rates among those who arrived as refugees.
States like Vermont, New York, and Minnesota have some of the highest naturalization rates, reflecting the success of integration policies.
Naturalized immigrants make significant contributions to their local communities, from agriculture to technology, demonstrating that their integration is beneficial for everyone.
Thus, the data clearly shows that immigrants are an essential component of the US economy, filling critical workforce gaps, promoting innovation, and driving economic growth.
Their contributions go beyond statistics, directly impacting the lives of millions of Americans. Recognizing and valuing the role of immigrants is essential to continue building a prosperous future for all.
Immigrants are true pillars of the US economy.
Therefore, if you also have the dream of being part of this nation, seek information so that you can move to the US legally and consciously.
Contact Murtaz Law's team by clicking on this link and sending us a message.
We are available to provide you with specialized guidance and ensure that your journey to a new life is successful and compliant with immigration laws.
About Murtaz Law
With more than a decade of experience, we take pride in guiding families and individuals on their journey to legally immigrate to the USA, whether temporarily or permanently.
Our success story spans a variety of cases, including temporary immigration, family reunification, naturalization, and especially, work visas like the EB2-NIW, which leads to the Green Card. Over the years, we have built a solid reputation and become a reference for skilled professionals, artists, and elite athletes who wish to expand their careers or undertake ventures in the USA.
Our 99.5% approval rate in cases demonstrates our commitment to a personalized approach, combining ethics, creativity, and deep knowledge of the laws and economic issues. We recognize that each client has a unique story and work side by side, individually, to create tailored strategies that achieve the desired outcomes. We take the importance of our work in our clients' lives seriously. Your future deserves a unique strategy, and we at Murtaz Law have the experience and expertise to meet your immigration needs.
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