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Write 5 pages with APA style on Immigration Reformation In The US. The generation of immigrants has helped the United States to become the economic engine in the world. Immigration can not only help t
Write 5 pages with APA style on Immigration Reformation In The US. The generation of immigrants has helped the United States to become the economic engine in the world. Immigration can not only help to create jobs and increase in wages but also reduce the federal deficit. This can help the United States to become the .economically stable country. This research paper will discuss in favor of the following thesis statement: Immigrants can help to start a new business. According to the reports from the small business administration, 30% of the immigrants are likely to start a new business in the United States than that of the non-immigrants. Around 18% owner of a small business in the United States are immigrants. In 2007, the Fiscal Policy Institute stated that 4.7 million people are employed by small business organizations. In addition to this, the latest report states that around $776 billion annually is generated from a small business owned companies. This proves that immigrants can help the United States to generate employment and job opportunities (Zhou 1040-1074). The small business owned companies can help to create jobs. One of the important benefits of immigration in economic contributions is by innovation. Innovations can the productivity which can later lead to an increase in economic growth and living standards. U.S. Department of Labor report says that 7.5 percent of foreign-born employees are employed (Orrenius 1). Around 6.6 % of employees are native-born.
Immigrants can help in the development of cutting-edge companies. National Venture Capital Association states that around 25 % of U.S. companies owned by immigrants are backed by capital venture investors. Examples of venture capital investors that back companies owned by immigrants are eBay, Google, Intel, and Yahoo. Considerable percentage scientists and engineers in the U.S. are immigrants. This fact has been proved by the Census Bureau. Census Bureau states that 27% of mathematicians, scientists and 33% population of engineers are immigrants.
