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The Economic Contributions of Immigrants to the United States

Did you know that immigrants contribute billions of dollars to the United States economy every year? In fact, In 2018, Immigrants added $2 trillion to the U.S. Gross Domestic Product (GDP). That’s trillions with a “T!” This is an essential issue that Yacub Law Offices is passionate about. We want to help our clients gain employment in the United States through our immigration services.

Immigrants Are Driving Our Economic Recovery

Despite being struck by the recent economic contraction, immigrants were quick to lead the recovery effort by returning to the labor force post-COVID-19. Immigrants have been a vital part of our workforce and contribute to economic recovery. By the second quarter of 2020, the immigrant share of the U.S. labor force reached a record high at 17.3%. Many take posts as essential workers in hospitals, grocery stores, and transportation networks. Immigrants are a key part of the U.S. workforce and contribute significantly to our economy.

Economic Growth and Business Ownership

Entrepreneurship and business creation are fundamental to a healthy economy—$ 1.3 trillion of total sales of immigrant-owned businesses, 2017. In 2019, there were 3.2 million immigrant entrepreneurs in the U.S. Immigrants are twice as likely to start a business than native-born Americans. These new businesses create jobs and drive innovation, leading to a stronger economy.

Ready to Work in The United States? Let Us Help!

Many come to the U.S in pursuit of employment opportunities. As our economy grows, the need for a diverse and skilled labor force becomes even more important. That’s where Yacub Law Offices comes in. We offer comprehensive immigration services to help you navigate the often complex process of obtaining employment-based visas and green cards. Contact us today to learn more about how we can assist you with your immigration needs.

Contact us by filling out an online contact form or give us a call at +1 703 533 2347 to schedule your consultation today!

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