Esther Cepeda: High Skilled Immigrant Debate Ignores Low Skill America
"One of the big reasons that these downside statistics about America's unfriendliness toward immigrant entrepreneurs have gained traction in the recent news cycle is because just a few weeks ago, a bill that would have provided permanent resident visas to foreigners who graduated from American universities with advanced degrees in science and technology failed to pass the House of Representatives," says Esther Cepeda.
"In stark contrast, 53.6 percent of young adults (under age 25) with bachelor's degrees - 1.5 million - are currently jobless or underemployed, the highest number in 11 years. And throw this on top: According to the Kauffman Foundation, immigrant entrepreneurs employed about 560,000 workers and generated about $63 billion in sales from 2006 to 2012."
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