Sunday, May 29, 2011

Undocumented Immigrants: a burden or benefit?

Myth: Undocumented workers are a burden on the U.S. economy.

Reality: Immigrants not only pay taxes, but they also contribute significantly to the economy.In a 2007 report, the White House Council of Economic Advisers concluded that..

-. Immigration increases the U.S. Gross Domestic Product (GDP) by roughly US  $37 billion each year.
- Given that employment has been the main driver behind undocumented immigration to the U.S. in recent decades, it should come as no surprise that this group is particularly hard working and has a high employment rate (96%).

 According to the U.S. Department of Commerce and the U.S. Census Bureau, Hispanic owned firms increased by nearly 44 percent between 2002 and 2007, growing from 1.6 million businesses to 2.3 million.

Employment at Hispanic-owned firms also grew by 26 percent from 1.5 million to 1.9 million workers, a growth rate significantly higher than that of non-minority-owned firms.

Hispanic-owned businesses generated US$  345.2 billion in sales in 2007, up 55.5 percent compared with 2002.

Read more:

1 comment:

  1. GO MEXICANSSS WE WILL TAKEE OVERR AMERICAA SOONNNNNN (: !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!