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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
Immigration

From California Agriculture to New York Taxi Services, These U.S. Industries Rely on Immigrant Labor

By
Natasha Bach
Natasha Bach
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By
Natasha Bach
Natasha Bach
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March 12, 2019, 1:09 PM ET
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While the Trump administration has made it a lot harder for immigrants to settle permanently in the U.S., a new study examines the extent to which a number of industries—and states—rely on immigrant labor to stay afloat and succeed.

According to data from the New American Economy, which was first reported by Axios, immigrants are significant contributors to the U.S. economy.

The study looked at factors such as immigrant tax contributions, spending power, entrepreneurship, demographics, and voting power. The results concluded that “immigration creates an economic opportunity—creating jobs, filling workforce gaps, and helping communities thrive,” according to John Feinblatt, president of New American Economy.

Immigrants comprise one in five entrepreneurs in the U.S., according to the study. The 3.2 million immigrants who run their own businesses are also responsible for employing 8 million American workers and generating $1.3 trillion in total sales in 2017.

In the same time period, nearly half of the jobs in apparel manufacturing, taxi and limousine services, nail salons, personal care, and private households were held by immigrants. The data shows that 63% of stylists, 62% of agricultural graders and sorters, and 59% of plasterers and masons, for example, are immigrants.

The numbers are even more significant in particular industries on a state-by-state basis. For example, 77% of taxi drivers and chauffeurs in New York state are immigrants. Immigrants comprise 77% of agricultural workers in California, 69% in Florida, and 56% in Arizona. Even in states with a lower percentage of immigrants, they nevertheless contribute in significant ways. In Kentucky, immigrants make up 25% of physicians and surgeons, while in Ohio that number is 28%.

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By Natasha Bach
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