Advertisement
Categories: BusinessNewsWorld

Immigrants Fuel US Economic Growth Amid Tighter Visa Rules

Advertisement

Immigrants have played a pivotal role in shaping the U.S.’s economy and major global companies, according to a Forbes report released ahead of the nation’s 250th anniversary. The report highlighted prominent immigrant entrepreneurs and executives, including Google cofounder Sergey Brin and AMD CEO Lisa Su, as key figures who helped shape American business and technology.

Research cited by the report suggests that U.S. economic growth between 1990 and 2016 would have been significantly lower without immigration, according to Citi Research. However, recent changes in U.S. immigration policy are making it harder for skilled workers to follow similar paths, with industry leaders warning of potential limitations on future innovation and talent inflows.

Tech executives, including Nvidia CEO Jensen Huang, have previously stated that stricter H-1B visa rules could prevent their families from moving to the United States. The report comes as debate continues in the U.S. over immigration, economic growth, and labor shortages in key industries.

Advertisement
News Desk

Recent Posts

3,500 Pakistanis Deported from UAE for Social Media Law Violations During Iran-US Conflict

Pakistan informs National Assembly about 3,500 deportations from UAE due to social media law violations…

19 minutes ago

White House Defends Cuba Sanctions Amid UN Concerns Over Human Rights

UN High Commissioner for Human Rights Volker Turk has warned that Trump administration's sanctions on…

1 hour ago

Two Militants Killed, Including Afghan National from Khost Province

Security forces killed two militants, including an Afghan national from Khost province, during a counter-terrorism…

1 hour ago

Aleema Khan Raises Concerns Over Imran’s Prison Safety, Poisoning Fears

Imran Khan's sister, Aleema Khan, expressed concern over her brother's prison conditions on Thursday. She…

1 hour ago

Zong partners with PAA to establish 5G Customer Facilitation Desk at Karachi Airport

Zong, Pakistan’s leading technology service enterprise, has collaborated with the Pakistan Airports Authority (PAA) to…

2 hours ago

Blast in Guangxi Kills Seven, Injures 17; Investigation Underway

An explosion occurred early Thursday morning in Guangxi, southwestern China, killing seven people and injuring…

2 hours ago