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Immigration 20/20: Highly Educated Foreign-born Professionals Create More American Jobs, Increase American Economic Security and Decrease Poverty!

Thu, 12/22/2011
December 21, 2011
 
 
Highly Educated Foreign-born Professionals Create More American Jobs, Increase American Economic Security and Decrease Poverty!
 
New Studies Illustrate U.S. Economic Benefits from Retaining World’s Top Talent
 
  • Between 2000 and 2007, 262 additional U.S. jobs were created very 100 foreign-born graduates with a U.S. advanced degree working in a STEM field, according to a new report from the American Enterprise Institute (AEI) and the Partnership for a New American Economy (PNAE).
     
  • From 2001 to 2010,183 additional U.S. jobs were created for every 100 H-1B temporary high-skilled visas issued, according to the AEI-PNAE report.
     
  • The average advanced-degree-holding foreign-born adult paid over $22,500 in federal, state and FICA taxes in 2009, yet their family received just a fraction of that in government benefits, showed the AEI-PNAE report.
     
  • Moreover, a new paper from the National Bureau of Economic Research suggests that from 2000-2009, high-skilled immigrants contributed to adecrease in the U.S. poverty rate.
 
The U.S. employment-based immigration system must embrace highly educated innovators and job creators to maximize U.S. job creation, deficit reduction and economic growth.
 
And the American people agree! A significant majority of Americans support increasing the number of highly educated professionals permitted into the United States, according to a recentGerman Marshall Fund study.
 
America Should Welcome Job Creation and Economic Security –
Congress and the Agencies Should Work Together to Make it Happen!
 
Learn more about the employment-based immigration system in ACIP’s primer. For more about ACIP, visit www.acip.com.
 
The American Council on International Personnel (ACIP) represents employers working to speed U.S. economic recovery, create new jobs for all Americans and advance American innovation.  Our members are companies, universities, research institutions and organizations that employ the critical talent that has and will continue to build the U.S. economy and raise the standard of living for all Americans.  We build the workforces necessary to keep America on the cutting edge of worldwide innovation and leading the global economy.  Learn more at www.acip.com.