Category Archive: Economics

Feb
02

Alabama’s Extreme Immigration Law Could Cost State Billions, Report Finds

Implementing Alabama’s extreme immigration law (HB 56) would be incredibly expensive. That is the bottom line of a new report by University of Alabama economist Samuel Addy entitled A Cost-Benefit Analysis of the New Alabama Immigration Law. According to the report, the law could cost Alabama up to $11 billion in GDP and nearly $265 …

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Permanent link to this article: http://immigrationimpact.com/2012/02/02/alabamas-extreme-immigration-law-could-cost-state-billions-report-finds/

Jan
25

New Report Highlights Contributions of Immigrant Entrepreneurs to U.S. Economy

BY MARCIA HOHN, IMMIGRANT LEARNING CENTER At last night’s State of the Union Address, two immigrant entrepreneurs were among the President’s guests—Japan-born Dr. Hiroyuki Fujita, founder, president and chief executive officer of Quality Electrodynamics (QED) in Cleveland, Ohio and Brazil-born Mike Krieger, co-founder of Instagram, a fast growing social mobile startup. Dr. Fijuita and Mike …

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Permanent link to this article: http://immigrationimpact.com/2012/01/25/new-report-highlights-contributions-of-immigrant-entrepreneurs-to-u-s-economy/

Jan
18

New Report Says Legalization Would Result in $1.4 billion in Revenues for Houston, Texas

A new report issued this month by the Greater Houston Partnership (GHP), a business advocacy organization, confirms that legalization of unauthorized workers would result in those workers earning higher wages and paying more taxes. Potential Tax Revenues from Unauthorized Workers in Houston’s Economy uses data from the Pew Hispanic Center to estimate the number of …

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Permanent link to this article: http://immigrationimpact.com/2012/01/18/new-report-says-legalization-would-result-in-1-4-billion-in-revenues-for-houston-texas/

Jan
12

Immigrants, Latinos and Asians Contribute More to Your State Than You Think

Immigration has never been a numbers game. When people think of immigration in America, they likely call to mind fear-fueled myths perpetuated by immigration restrictionists, like “immigrants are stealing American jobs” or “immigrants are a drain on our system.” Sadly, numbers and facts have rarely been part of the discussion, especially as state legislatures continue …

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Permanent link to this article: http://immigrationimpact.com/2012/01/12/immigrants-latinos-and-asians-contribute-more-to-your-state-than-you-may-think/

Jan
05

New Report Finds that Immigration Creates U.S. Jobs

Immigration creates jobs for native-born Americans. That is the fundamental finding of a new study from the American Enterprise Institute and the Partnership For A New American Economy, entitled Immigration and American Jobs. The study—authored by Madeline Zavodny, a professor of economics at Agnes Scott College—reinforces the findings of numerous other studies which have demonstrated …

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Permanent link to this article: http://immigrationimpact.com/2012/01/05/new-report-finds-that-immigration-creates-u-s-jobs/

Dec
13

Just in Time for the Holidays: Congress Moves 4 Million Children Closer to Poverty

Congress has been unable to pass any meaningful immigration legislation this year, but the House couldn’t miss a chance to stick it to immigrants by going after their U.S. citizen children in a recent tax bill. While Americans are debating whether taxes on millionaires should be raised, the House, at least, is planning to raise …

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Permanent link to this article: http://immigrationimpact.com/2011/12/13/just-in-time-for-the-holidays-congress-moves-4-million-children-closer-to-poverty/

Dec
09

New Report Shows Immigrant Women Entrepreneurs Create Jobs and Contribute to Economy

Economists readily acknowledge the economic contributions of immigrant entrepreneurs to the U.S. After all, we wouldn’t have one-quarter of all public companies in the U.S.—companies like Google, Yahoo!, and Intel which employed 220,000 people and generated more than $500 billion in one year—without them. But lost in that acknowledgement are the contributions of immigrant women …

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Permanent link to this article: http://immigrationimpact.com/2011/12/09/new-report-shows-immigrant-women-entrepreneurs-create-jobs-and-contribute-to-economy/

Dec
01

Alabama’s Immigration Law Digs Deeper Hole for State Economy

Although some Alabama lawmakers credit the state’s overall drop in unemployment to their new immigration law (HB 56), the reality is that many industries and sectors in the state are losing workers and jobs. This week, the Birmingham News reported that Alabama’s construction industry is losing jobs faster than nearly any other state—a loss experts …

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Permanent link to this article: http://immigrationimpact.com/2011/12/01/alabama%e2%80%99s-immigration-law-digs-deeper-hole-for-state-economy/

Nov
18

New Report Predicts Continuing Integration of Immigrants into U.S. Society

Anti-immigrant activists like to pretend that immigrants are destined to be poor and to never successfully integrate into U.S. society. However, a new report from the Center for American Progress (CAP) concludes that, in reality, “immigrants are integrating into American life, learning English, and becoming homeowners.” When socioeconomic advancement is tracked over time, it becomes …

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Permanent link to this article: http://immigrationimpact.com/2011/11/18/new-report-predicts-continuing-integration-of-immigrants-into-u-s-society/

Nov
10

Even Facebook Feels Brunt of Broken U.S. Immigration Policy

You know things are bad when a company as popular as Facebook has problems finding qualified talent. In a recent interview, Facebook’s chief operating officer, Sheryl Sandberg, remarked that our outdated immigration policy is a big reason Silicon Valley tech companies are fighting each other for highly skilled workers. Current immigration policy limits high-skilled worker …

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Permanent link to this article: http://immigrationimpact.com/2011/11/10/even-facebook-feels-brunt-of-broken-u-s-immigration-policy/

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