The Essential Role of Immigrants in America’s Economy
Immigrants have long played a vital role in America’s economy, taking on essential jobs in agriculture, construction, and services that keep the country running. However, the narrative that immigrants strain the housing market misses the mark and unfairly shifts blame away from the real issues.
Immigrant workers have driven a remarkable 88% of the labor force growth in America since 2019, according to analysis of the Bureau of Labor Statistics Current Population Survey and Census data.
This growth is a critical factor in sustaining economic expansion. In fact, without the contributions of immigrants and their children, the United States would have seen zero labor force growth over the past five years. Their participation is not only essential for filling workforce gaps but also for bolstering the overall economy, underscoring the indispensable role that immigrants play in keeping America’s economic engine running.
Revitalizing Communities: The Positive Impact of Immigrant Settlement
The reality is that immigrants frequently settle in underserved and economically struggling areas, helping to revive neighborhoods that might otherwise face decline. Their presence brings economic activity, revitalizes local businesses, and contributes to stabilizing the community. Far from being a burden, immigrants often add significant value to these areas, enhancing the quality of life and boosting local economies.
A Nation of Immigrants: Acknowledging Our Shared Roots
It’s important to remember that, with the exception of indigenous communities, nearly everyone in the United States has immigrant roots. America is a nation built by immigrants, and this diverse population has continuously driven the country forward. The idea that immigrants drain resources or contribute to housing shortages is a myth that overlooks their positive impact. Instead of restricting access to resources like affordable housing, we should acknowledge their contributions and ensure that they, too, have the opportunity to achieve the American Dream of homeownership.
Alicia’s Story: Achieving the American Dream Through Perseverance
Take the story of Alicia Cortez, who came to the U.S. as an undocumented immigrant with a determination to build a better future for her family. After years of hard work and perseverance, Alicia recently purchased her first home through NACA’s affordable homeownership program. For Alicia, her new home is not just a place to live; it represents stability, empowerment, and a legacy for her children.
Join the conversation with our latest podcast episode on: Breaking Barriers with Bruce Marks where we’ll explore how immigrants like Alicia help drive economic growth and deserve a fair path to affordable homeownership.
Let’s embrace the true spirit of the American Dream by recognizing the contributions of those who continue to build this nation!