Migrants' Economic Impact in the US

The Hamilton Project revealed that immigration contributed to job growth in the U.S. in the last three years, adding 70,000 jobs per month in 2022 and projecting 100,000 new jobs in both 2023 and 2024.

At Echter's Nursery & Garden Center, the hiring of three new employees marks a significant day for the company, which is looking to fill 60 vacant positions ahead of the spring season. Among the new hires will be migrants, following last year's influx of over 40,000 individuals from Venezuela and other Latin American countries to the Denver area.

"Most of our customers came primarily because they knew we were hiring migrant workers," said Kasaundra Pribyl, the shop's office manager. According to Cassandra, the company's production manager, the company experienced unprecedented efficiency levels last year due to the migrant workforce.

Research from the Hamilton Project and the National Bureau of Economic Research highlights that immigration enhances economic growth by increasing wages for native-born Americans. High-skill foreign immigrants act as significant multipliers for the U.S. economy, noted Kent Smetters with the Penn Wharton Budget Model at the University of Pennsylvania.

Additionally, while migrant families may initially impose a heavier tax burden, studies indicate they ultimately have a net positive impact on the economy. Immigrants tend to use fewer health services, which can lower healthcare premiums for others by as much as 25%. Furthermore, undocumented immigrants contribute more to the tax system than they withdraw.