Business

How Immigration is Key to New York City’s Renaissance

Written by on April 16, 2014 in Business, Economics, Entrepreneurship with 0 Comments
How Immigration is Key to New York City’s Renaissance

As a gateway to the United States, New York City has long been defined by the generations of immigrants who have made it their home. In a city of 8.3 million people, more than 3.1 million—38 percent of New York City’s population—are foreign-born, according to the 2012 American Community Survey. And in the case of [...]

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Majority of U.S. Patents Granted to Foreign Individuals

Written by on April 11, 2014 in Business, Economics, Entrepreneurship with 1 Comment
Majority of U.S. Patents Granted to Foreign Individuals

The contributions of immigrants are visible in communities and industries across the nation, and as a recent article highlights, immigrants’ economic and innovative additions can be seen in the form of patent grants. More than half of all 302,948 patent grants in 2013 were to foreign individuals, including both immigrants and foreign investors. Studies about [...]

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H-1B Visa Cap for Higher Skilled Workers Maxed Out in Record Time

Written by on April 7, 2014 in Business, Employment, Visas with 1 Comment
H-1B Visa Cap for Higher Skilled Workers Maxed Out in Record Time

U.S. Citizenship and Immigration Services announced Monday that the allotment of H-1B visas for the 2015 fiscal year, known as the H-1B visa cap, has been filled—a week after filing began. The principal temporary visa for skilled professionals, the H-1B allows U.S. companies to employ foreign professionals with at least a bachelor’s degree in a [...]

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High-Tech Immigrant Entrepreneurs are Crucial to Local Economies

Written by on April 1, 2014 in Business, Economics, Entrepreneurship with 0 Comments
High-Tech Immigrant Entrepreneurs are Crucial to Local Economies

Recently, a growing number of cities and states have begun pursuing strategies that attract and welcome immigrants and immigrant entrepreneurs in order to grow their economies. Encouraging immigrant high-tech entrepreneurship, and addressing the factors that cultivate an environment in which entrepreneurs may be more successful, is yet another avenue for growth cities may wish to [...]

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Broken H-1B Visa Program is Costing American Jobs

Written by on March 19, 2014 in Business, Employment, Visas with 0 Comments
Broken H-1B Visa Program is Costing American Jobs

Compete America, an association of high-tech companies advocating for reform of immigration policies affecting higher-skilled workers, launched a job loss calculator today estimating the numbers of American jobs lost due to the lack of H-1B visas, the primary work visa for higher-skilled workers. The calculator estimates that 500,000 new U.S. jobs could have been created [...]

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Labor Shortages Increase U.S. Reliance on Imported Foods, Harming Local Economies

Written by on March 18, 2014 in Alabama, Business, Economics with 0 Comments
Labor Shortages Increase U.S. Reliance on Imported Foods, Harming Local Economies

While U.S. consumers increasingly seek out locally grown produce in grocery stores and farmers markets, imported fruits and vegetables are making up a growing share of the produce consumed in the United States. U.S. agricultural production is out of alignment with the demands of consumers and one problem is the difficulty in finding skilled farm [...]

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More Than 600 Businesses Urge Congress to Act on Immigration Reform

More Than 600 Businesses Urge Congress to Act on Immigration Reform

Immigrants are helping to grow the economy all across the nation. Take Charlotte, North Carolina for example, where immigrant restaurant owners have opened businesses across the city catering to increasingly eclectic tastes. Tacos El Nevado is one example. Heriberto Mali and Vianey Juarez, immigrants from the state of Oaxaca in southern Mexico, opened the restaurant [...]

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Mayors Agree, Immigrants Make Their Cities More Economically Competitive

Mayors Agree, Immigrants Make Their Cities More Economically Competitive

“Mayors are looking for a fix,” said Mayor Scott Smith of Mesa Arizona, President of the U.S. Conference of Mayors. “The status quo is not acceptable. It’s as simple as that.” In a January 31 letter to Members of Congress, the United States Conference of Mayors urged expeditious action on immigration reform in 2014. As [...]

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Report: Three-Quarters of Republican Business Leaders Back Immigration Reform

Written by on February 5, 2014 in Business, Entrepreneurship, Reform with 0 Comments
Report: Three-Quarters of Republican Business Leaders Back Immigration Reform

Whether as high-tech contributors within a large company or as the founders of their own businesses, immigrants play a critical role in entrepreneurship and innovation. Take the selection of Satya Nadella, an immigrant from India, as Microsoft’s new CEO. He originally came to the U.S. as an international student pursuing a master’s in computer science [...]

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Without Citizenship, Immigration Reformers Could be Leaving Dollars on the Table

Without Citizenship, Immigration Reformers Could be Leaving Dollars on the Table

While President Obama’s State of the Union Address will reportedly focus on income inequality in the United States, it is also a likely bet that he will address the economic benefit of immigration reform even as Republicans are finalizing their immigration principles. As conversations around immigration reform proposals forge ahead, the economic benefits of citizenship [...]

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