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New state report shows economic contributions by immigrants MiBiz File Photo: Jeff Hage

New state report shows economic contributions by immigrants

BY MiBiz Staff Wednesday, August 03, 2016 01:20pm

A new report released by the Michigan Office for New Americans (MONA) purports to show the wide-ranging economic benefits contributed by immigrants in the state of Michigan.

According to the report immigrants in Michigan earned $19.6 billion in income in 2014 (7.7 percent) and paid out $5.4 billion total taxes. Between 2010 and 2014 the state’s immigrant community grew by 60,000 people and immigrants accounted for six percent of the state’s population in 2010.

Additionally, the report notes that immigrants make up 25.3 percent of the state’s technology industry.

“Immigration has proven to be a driver of job creation and economic growth in Michigan,” said Gov. Rick Snyder in a statement. “As a welcoming state, we know and value the cultural diversity, professional contributions and entrepreneurial skills offered by foreign-born residents. We look forward to working with our federal partners toward making immigration reform a reality to create more jobs for families and enhance the quality of life across Michigan.”

MONA operates within the state’s Department of Licensing and Regulatory Affairs (LARA) and was established in 2014 by Snyder to assist in efforts to support immigration efforts.

Read 1699 times Last modified on Wednesday, 03 August 2016 13:25