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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

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Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
Immigration

Immigrants are beating native-born Americans in this area

By
Claire Groden
Claire Groden
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By
Claire Groden
Claire Groden
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October 22, 2015, 5:46 PM ET
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Main Street, Formerly Church Street, Annapolis, Maryland, USA.Photograph by Hisham Ibrahim — Getty Images

In the United States, immigrants are more likely to be self-employed than the native population, according to a new report from the Pew Research Center. The numbers might not look like much at first–10% of native-born Americans are self-employed, compared to 11% of immigrants–but when broken down by racial and ethnic demographics, the differences are far starker.

Among white immigrants, 17% were self-employed, compared to 11% U.S.-born, and 11% of immigrant Hispanics versus 6% of natives are also self-employed. The same trend holds among blacks and Asians, according to the Pew report. In 2014, self-employed workers and the people they hired accounted for 44 million jobs–about three in every ten jobs in the United States. Almost one-quarter of all self-employed workers had at least one paid employee.

Immigrants accounted for almost 30% of the new businesses created last year, and in more than 60% of the largest metro areas, immigrants accounted for all of the net growth in “Main Street” businesses like restaurants and retailers between 2010 and 2013, according to the Wall Street Journal.

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