Immigration has a long history of being a cornerstone of the American dream. It’s also a critical component of the country’s economy. From filling essential jobs to driving entrepreneurship and innovation, immigration has a powerful role in the United States’ dynamic and competitive position.
One of the most direct ways that immigration supports the economy is by filling labor shortages in positions that would otherwise go unfilled. Certain industries, such as agriculture, healthcare, construction and technology, count on immigrants to keep them afloat.
Legal immigration provides a pathway for employers to hire individuals who have the training, skills and experience that can help those employers to remain productive.
Immigration numbers are shrinking
Immigration is down more than 90% when it’s compared to previous years’ run rate. This means that the labor force in the U.S. is also slowing. The slowing of immigration is likely going to have a negative impact on financial markets, including a weakening of the dollar.
Compounding the problem is the retirement of American workers without an equivalent number of younger workers to replace them. This makes it even more important for working-age immigrants to come into the country.
Legal immigration, including programs for employment-based visas, is one way that the U.S. can balance out the needs of the workforce. These programs allow this country to attract talent and workers from across the globe. Not only can this fill empty positions, but it also pulls in fresh ideas and specialized skills to strengthen the country’s global edge.
Anyone who wants to come into this country should ensure they handle their immigration application correctly. Any misstatements, inaccuracies or missing information could delay the process. It may be beneficial for individuals in this position to work with someone who can stay abreast of the most current immigration policies.