Global Competitiveness
The United States has long been the destination for the world’s most talented immigrants. Despite the last 50 years of technological advancement, American immigration policy has remained virtually unchanged, putting in danger America's global competitiveness. Yesterday's immigration policy no longer meets today’s economic needs. Only about 14 percent of all U.S. green cards are given for economic reasons, compared to more than 60 percent in Canada and Australia. With no dedicated visa for entrepreneurs and numerous barriers to residency in place for international students to stay after graduation, America's outdated immigration policy could allow other countries to out-compete us by attracting and keeping the best and brightest there and not here.
Report on New Americans in San José & Santa Clara County Highlights Economic Contributions of Immigrants
CONTACTS Sarah Doolin, New American Economy, [email protected] Zulma Maciel, Strategic Partnerships and Office of Immigrant Affairs, City of San José, [email protected]; (408) 535-8146 Silicon Valley Business Roundtable discusses local immigrant integration; new report shows foreign-born households… Read More
Morales Group Founder Knows Immigrants Are Vital to Filling the Indianapolis Labor Shortage
The headquarters of the Morales Group is decorated with flags of 27 countries, and the word “Welcome” written in 27 languages. It’s a reminder of the many thousands of people, from around the world that the Indianapolis-based staffing agency has helped to begin new careers in America. The Morales Group,… Read More
Economist and College President: Those Students the U.S. Sends Home? They Could be the Next Google
Growing up in a middle-class family in Monterrey, Mexico, Jorge Gonzalez saw people living around him in poverty and longed to change the world. Now a respected professor of economics and the newly appointed president of Kalamazoo College, where he oversees more than 100 faculty and some 1,400 undergraduates, he… Read More
Starting a Promising Firm Didn’t Insulate this Iranian Scientist from Visa Worries
In 2004, Mehdi Yazdanpanah triggered a chemical reaction in a University of Louisville lab that, to his surprise, created tiny, metallic points. Intrigued, he devised a way to form individual needles – microscopic in size, yet conductive and strong, a unique combination that could advance cancer and other microscopic research. Read More
Why Is an Open Border Between the U.S. and Canada Important? Thousands of American Jobs
Birgit Matthiesen was working as a Canadian customs inspector when she struck up a friendship—and, later, a marriage—with a fellow agent, one who worked on the American side of the border. “We are,” she says, “the living example of the bilateral relationship.” Now the couple lives in Burlington, Vermont, and… Read More
Jamaican Immigrant Helps U.S. Kids to Help U.S. Companies
Peter Burns was born in Kingston, in Jamaica, and moved to the United States when he was 12 years old. Today, Burns works for Nokia, bringing communications infrastructure to cities across the country. In this position, he has seen the great degree to which the nation’s immigrants benefit the economy. Read More
For Successful Executive, Immigration is a Part of the Family History
Today, Sunny Lu Williams is a successful corporate executive who has brokered deals with Google and HTC, but she still remembers the day many years ago when her grandfather—a Chinese rice-farmer and later military man—spread some colorful banknotes on the table in front of her. The crumpled New Taiwan dollars… Read More
Refugees Help Manufacturing Firm Remain in South Dakota
South Dakota has an enviable problem, at least for workers: The state has a consistently low unemployment rate, typically about half the national average. This spring it dropped to 2.5 percent, the lowest in the country. For businesses, however—which are drawn to the state for its friendly tax… Read More
St. Louis Lawyer Sees Businesses Falter When Immigration Policy Blocks Foreign Hires
A senior partner at Polsinelli, a law firm in St. Louis, Doreen Dodson often works with American businesses that want to hire talented foreign nationals. “Many of these companies want international employees with a specialized skill set, ranging from medical technologists and computer scientists to professional winemakers,” she says. Read More
Ancestry.Com’s Immigration Policy And Lack of High-Skilled American Workers Is Hurting The Company
A revolutionary new DNA product experience at Ancestry.com, a $2.6-billion business, would not have been possible without the contributions of Yong Wang, a senior data scientist, who came to the United States on a visa for extraordinary researchers. Wang’s specialized skill set helped create a product that connects people in more than 30 countries… Read More
Impending Labor Challenges
The United States is facing demographic challenges that endanger its preeminent economic position in the world. An aging workforce threatens the vitality of the labor force. At the same time, the supply of U.S.-trained engineers is lagging behind nearly all other industrialized economies. At a time when tech-heavy and innovation driven industries are driving economic growth, the United States faces the prospect of being left behind.
Table 1: Share of Population Age 65+, 1996, 2006, 2016 and projected 2030
Table 2: Share of Undergrads Studying Engineering
Prioritizing Economic Needs
Many countries have identified the link between immigration and economic growth. For many, such moves are a matter of necessity–the domestic labor force is not sufficient for an expanding economy, and aging populations and declining fertility rates are creating labor shortages. Despite facing some of the same challenges, U.S. immigration policy has not changed to reflect our economy’s evolving needs.
Table 3: Percentage of All Permanent Residency Visas Given for Economic Reasons*
Need for a Start-Up Visa
Countries around the world, from France, to Chile, to Singapore have created visas aimed at attracting promising entrepreneurs and job creators. Despite concerns about meager job creation and business growth, however, the United States has not taken a similar step, endangering our position in the global race for talent. This situation was made worse in 2017 when the administration took the first steps to kill the International Entrepreneur Rule, a measure that would have allowed entrepreneurs with outside funding to remain in the country for 2.5 years to establish their businesses.
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