More Businesses And More Jobs More Likely To Be Created By Immigrants In The United States Of America

Thousands of people from all over the world are looking for a new place to live and become immigrants in. Their reasons vary but the main ones include finding greener pastures, reuniting with family, and getting the education that they want to have. These are also the main reasons why a lot of people choose the United States of America to become immigrants in. And with the country being a country of opportunities, it is not surprising why.

 

A lot of countries around the world are open to immigrants because these people help out in a lot of things. These include the economy, the birth rate, and the labor market. These individuals may have come from other countries but are definitely making the USA their home once they are there. They do the best that they could to help out in their own way, and one of these is creating new businesses that also create new jobs.

 

Likely to start new businesses

 

A study was done recently and the results showed that immigrants who have chosen to live in the United States of America are more likely to start their own businesses as compared to individuals who were born in the country. One of the authors of this study is an economist from MIT. The result also showed that immigrants in the USA are around 80% more likely to start a business in the country. These businesses that immigrants started are also have around 1% more employees as compared to those businesses that were started by the locals of the USA.

 

One of the authors of the study, Pierre Azoulay who is an economist at MIT, said that as per the results of the study, immigrants in the USA have started more businesses and these businesses vary in size. They have started small business and even started medium-scale businesses and big businesses. Because of these businesses that have been created, it meant more jobs available for people in the country.

 

Creating more jobs

 

The study also continued to show that the immigrants who have chosen the country as their new home have become more of creators of new jobs rather than being people who take jobs. This is a good thing because this means that there are more job opportunities for people in the USA and this is a big help to the people and to the economy of the country.

 

The data used for the study came from the United States Census Bureau and from tax records from 2005 up until 2010. It included 1.02 million businesses and the researchers looked at the creation of the businesses and the growth of jobs during the period of the study.

 

 

 

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