Immigrant-owned small businesses employ 14 percent of all people working for American small-businesses and 18 percent of all small-business owners in the U.S. are immigrants. The widely publicized (New York Times, Business Week, Huffington Post) new study from the Fiscal Policy Institute’s Immigration Research Initiative identifies immigrant-owned small businesses and their impact on the U.S. economy. The immigrant share of small-business owners is higher than their share in the overall population—18 vs. 13 percent—as well as the immigrant share of the labor force, 16%. As I’ve speculated before, this could be […] Continue reading >
What’s the Impact of Immigrant-Owned Small Businesses on the U.S. Economy?