40 percent of Fortune 500 companies were started by immigrants
In commemoration of Immigrant Heritage Month, Center for American Progress compiled "The Top 10 Facts You Need to Know About Immigrants Today." Among them important facts that highlight the contributions and the integral role immigrants play in the United States.
"Studies have found that immigrants are more likely than native-born Americans to start and own businesses, and U.S. immigrants or their children have started 40 percent of Fortune 500 businesses," Center for American Progress reported.
They also reported that Latinos and Asian Americans are a growing segment of the American electorate. "By 2024, these two groups are expected to rise to 15 percent and 8 percent, respectively.
In terms of benefits for the economy, the organization reported that the deferred action programs will significantly boost the U.S. economy. "Over the next 10 years, the U.S. gross domestic product, or GDP, will increase by an estimated cumulative $230 billion. As the economy grows, Americans will also see their incomes increase by a cumulative $124 billion over a decade, and an average of 29,000 jobs will be created per year for all Americans."
To check out the complete list visit Center for American Progress.