From CNBC: 2024-05-03 14:58:54

The immigrant workforce in America is crucial for future economic growth as the U.S. struggles with low birth rates. Immigrants made up a record 18.6% of the workforce last year, with industries like agriculture and technology benefiting. Despite a lower-than-expected job growth in April, immigrant labor force participation is on the rise at 66%.

Foreign-born workers are projected to boost U.S. output, potentially growing GDP by $7 trillion over the next decade, as stated by CBO Director Phillip Swagel. With the increasing need for skilled workers as Americans age, immigrant workers are a valuable resource that contributes to the labor force and economic growth.

Goodwin Living, an elder-care facility in Virginia, heavily relies on immigrant workers to care for thousands of adults. The facility launched a citizenship program in 2018, helping workers like Wilner Vialer from Haiti become U.S. citizens. By supporting their employees’ path to citizenship, Goodwin ensures a competitive edge in attracting and retaining a global workforce.

Immigration is set to be a major issue in the upcoming presidential campaign. President Biden and former President Trump have highlighted the challenges and opportunities in immigration during their visits to the southern border. As the U.S. navigates demographic shifts and economic changes, immigrant workers continue to play a crucial role in shaping the future labor force.



Read more at CNBC: Immigrant workers are helping boost the U.S. labor market