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

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

2 hours ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

3 weeks ago

NEVO Is Next: Master Changan Continues Bringing Changan’s Global House of Brands to Pakistan

Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…

4 weeks ago