Tuesday, January 28, 2020

IMMIGRANTS: CRUCIAL COMPONENT OF STATES' DEVELOPMENT

A WalletHub Study

With immigration reform remaining one of the biggest policy issues in 2020 and $7.2 billion in Pentagon funds potentially going toward border wall funding, the personal-finance website WalletHub today released its report on 2020's Economic Impact of Immigration by State.

In order to determine which states benefit most from immigration, WalletHub compared the 50 states and the District of Columbia across 23 key metrics, ranging from median household income of foreign-born population to jobs generated by immigrant-owned businesses as a share of total jobs.

States Where Immigrants Have                                    States Where Immigrants Have
 Biggest Economic Impact                                             Smallest Economic Impact

 1. New York                                                                          42. Oklahoma
2. California                                                                           43. West Virginia
3. New Jersey                                                                         44. South Carolina
4. Massachusetts                                                                    45. Maine
5. Maryland                                                                           46. Louisiana
6. Washington                                                                       47. South Dakota
7. Delaware                                                                          48. Montana
8. Florida                                                                              49. Idaho
9. Virginia                                                                            50. Wyoming
10. Connecticut                                                                   51. Mississippi

To view the full report and your state or the District’s rank, please visit:
https://wallethub.com/edu/economic-impact-of-immigration-by-state/32248/    

Key Stats
*California has the highest share of foreign-born residents, 26.92 percent, which is 16.6 times higher than in West Virginia, the lowest at 1.62 percent.

*Maryland has the highest median household income for the foreign-born population, $79,141, which is 2.1 times higher than in New Mexico, the lowest at $37,076.

*New Mexico has the highest homeownership rate for the foreign-born population, 63.50 percent, which is 2.2 times higher than in North Dakota, the lowest at 29.30 percent.

*New Jersey has the highest share of foreign-born STEM workers, 43.80 percent, which is 54.8 times higher than in Wyoming, the lowest at 0.80 percent.

*The District of Columbia has the highest share of direct and indirect jobs created by the economic contributions of international students, 1.59 percent, which is 53 times higher than in Alaska, the lowest at 0.03 percent.

4 comments:

Anonymous said...

This stupid article fails to distinguish between legal immigrant and illegal immigrants with little education, zero marketable job skills and no English language ability. As such it is worthless and just open border propaganda.

Anonymous said...

Sounds more like illegals from cockroach erurope

Anonymous said...

Well at least they don't eat their own kind like los pinches gringos did on their illgal journey here eating their own "fillet de puerco" pinches marranos.

Anonymous said...

WHAT? They no longer consider themselves immigrants - GIVE ME A BREAK

rita