Significant Statistics About Immigration and Economic Growth
America was entirely built on the concept of immigration from the early days of colonization all the way to the current times with immigration having contributed to not only diversity but also growth as well. If you are among the countless people in the world today especially in the United States that that think that immigration is a bad concept and associate immigrants with all the negative things, then it is time to rethink the same as immigration comes with a whole range of benefits and huge impact on economic and population growth which are two major subjects that no one can ever ignore no matter what. First of all, everyone must understand and agree that immigration and economic growth go hand in hand which brings the need for people to study and familiarize with some of the statistics about the impact of immigration before forming an opinion about the whole issue. Discussed below are some of the crucial facts that people need to know about the relationship between immigration and economic growth.
There is no denying that immigrants are always top of every immigration and economic issue in the United States over the years and it seems like it is not stopping any time soon as well. The truth is however that only a small percent of immigrants are undocumented with most of them living on their green card program or work visas. Although most undocumented immigrants receive very little benefits from the government, most of them are great enough to still work and pay taxes which is encouraging at the end of the day. It is in fact almost unbelievable that the illegal immigrants contribute tens of billions of dollars in taxes every year according to a study that was recently done by the Institution on Taxation & Economic Policy which is such an appealing figure.
There is also an issue on immigration levels with a 2018 record showing that 28% of the overall U.S. population being made up of immigrants and their children which translates to about 89.4 million people in number. The number of immigrants in the States, however, keeps fluctuating and the in-flux or out-flux of immigrants largely has to do with the current policy as well as economic issues. The recent time shave also seen in an increase in these statistics with that native producing lower as well as having a lower impact on population growth as well ever since the early 2000s. It is also vital to note that immigration means innovation and population growth as well.