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Eased Immigration Laws Could Increase U.S. Jobs

Mon, Dec 3 5:54 PM

Changed immigration laws could increase the number of U.S. jobs from immigrant entrepreneurs opening up businesses.  In November, the U.S. Citizenship and Immigration Services Director Alejandro Mayorkas announced an initiative that would help immigrant entrepreneurs wishing to start a business in the U.S. navigate the immigration process. Reports have found that highly skilled immigrants create more jobs for Americans, but they are often unable to acquire a United States visa to stay in the country and start their own businesses.

Professor Madeline Zavodny collected information between 2000 and 2007, which found that for every 100 foreign-born workers with STEM degrees – science, technology, engineering and math – 262 additional jobs were created for native citizens of the U.S. In her study, “Immigration and American Jobs,” she also found that the average highly skilled immigrant paid $22,000 in taxes and received $2,300 in government benefits.

Start-up firms – companies between the ages of three and five years – typically create 10 percent of new jobs each year, but only account for 1 percent of all companies. The average start-up business created 88 jobs a year, which is 44 times more than the average firm. However, many immigrants who study STEM in the United States end up creating businesses elsewhere because of the difficult visa process.

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