A report released by the NAS (National Academies of Sciences, Engineering, and Medicine) on 22 September, said that immigration was beneficial to the economy of the United States in the long-term.
Entitled ‘The Economic and Fiscal Consequences of Immigration,’ the report takes an overall look immigration has had on the American economy. According to this new report, wide-ranging factual information from the last decade demonstrates that immigrants and their descendants have perked up economic development, entrepreneurship and modernisation in the United States. They have supported the US-born workforce in various ways. With the Baby Boomers aging and gearing up to leave the workforce, immigrants will prove crucial by supporting the financial needs of the new workers and taxpayers of America.
Some key findings of the report state the following.
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