In the previous segment for the advantages of family-based immigration we saw that half the companies in America’s high-tech industries were actually formed by immigrants, and these included the likes of Yahoo, Intel, eBay, and Google. And that big cities around the U.S were actively trying to encourage family-based immigrants to help grow their local economies. Local community areas such as Chinatown, and Little Italy have been parts of revitalization strategies to develop an under performing areas in American cities.
Family-based Immigrants Move Up the Social-Economic Ladder Quicker
It is true then when immigrants first come to America they initially face the prospect of low income jobs, and because of that live in poorer neighborhoods. However, as a family-based immigrant unit these newcomers grow both financially and socially far quicker than any other group. There have been concerns in some quarters that family-based immigrants have a lower productivity rate than others, but is at a higher rate than occupation-based immigrants. And it is estimated that from initially arriving in the country family-based immigrant earnings catch up with the average American income in around fifteen years.
And it has just been revealed that new immigrants that arrive on a family visa are the most upwardly mobile of all workers in the U.S today. This is demonstrated by the high rates of investment by ex immigrants, and it is critical to the American economy.
High Levels of Self-Employment
There has also been extensive research done on siblings admitted to the U.S that they too have contributed highly to the economy, and society. It is these fourth-preference immigrants that are associated with starting up businesses and self-employment. This is because on entry to America they have higher savings and wealth than their predecessors. Thus they have capital to start new businesses and straight away enter into a higher income bracket. Obviously this is really beneficial to the U.S economy as they are paying higher taxes.
The Care Economy
Family-based immigrant communities tend to look after their own ethnic groups and families before putting a strain on the welfare system. They do this by:
- Giving unpaid health care, and child care to the household. Immigrant women provide support physically, emotionally, and cognitively which aids the extended family unit, and because of this the whole community.
- Because these activities are underpaid and remain under the market, they are not counted in any government economic statistics. Although certain groups such as International Labor Organization, and the Pan American Health Organization have highlighted the importance of unpaid work in the family household.
- When immigrant women do this unpaid work in the domestic arena, it helps to sustain the current workforce and actually helps it grow. And although these contributions are not immediately seen, they will be felt in the future.
Family-based immigration should be looked at as very positive for the economy of America and the future growth of the nation as a whole. It is not something that is mutually exclusive and citizens should fully understand that these newcomers are crucial to making the economy grow and providing future employment.