The shaping of the United States of what it is today began with the arrival of the first colonists on American shores. Immigrants have made huge impacts on culture and society, and even the economic tides. The population growth brought on by newcomers to the country affects both the supply and demand of the economy. In the 1960s and 70s, U.S. immigration rates were at an all-time low, but as of 2017, levels are comparable to the 19th century.
Immigration Flow to The US on The Rise
The number of foreign-born residents in the United States is fueled by the low fertility rate of native-born Americans and immigration flows. Population growth is important for both robust economic growth and fiscal stability in a country. Close to 75 percent of those born in a foreign country are now naturalized or authorized residents of the U.S. Asia or Latin America represent 80 percent of immigrants in the U.S. today. In 1910, over 80 percent of immigrants migrated from Europe.
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Foreign-born residents are two times more likely to obtain a doctorate degree, and four times more likely to have less than a high school degree than those with US-born parents. Immigrants mostly work in the construction or service sector, but their children work in the same sectors as the American-born population. The output of the economy in the U.S.A. is higher and grows at a faster rate when there is a higher population of immigrants.
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