Reports say that unemployment rates have fallen to 5.4 per cent in the United States. But the true reality is that a steady pace of economic growth has not been very forthcoming.

IMMIGRANT POPULATION- A SOURCE OF GREAT ECONOMIC POTENTIAL

The country however has a great source of potential that is seemingly remaining untapped – the growing community of immigrants trickling in to the country – a diverse world of people who are motivated, hard working and creative individuals. The United States has remained one of the top economies in the world as it has been able to attract a vast spectrum of people from around the globe, and has thus been able to reap the benefits of their talent and labor.

WHY IS THE IMMIGRANT POPULATION A PROMISING SOLUTION FOR US GROWTH?

This is largely because

1. Immigrants are very capable of starting new business propositions and execute them effectively.
2. America’s labor force is expanded by immigrants.
3. The new ideas and patents that boost a country’s economic growth largely abound from immigrant engagement with the country. This is turn leads to productivity.
4. A research project predicts that between the years 2012 and 2050 immigrants and their children will combine to account for 93 per cent of the total growth of America’s working age population.

With the country’s aging workforce and the Baby Boomer group fast approaching retirement a new inflow of immigrants should be welcomed as this will boost growth and spark renewed productivity in the United States.