Immigrants As Economic Drivers
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1 Immigrants As Economic Drivers The Contributions of New Americans & Dreamers to the Kansas City Region Kate Brick Director of State and Local Initiatives DECEMBER 6, 2017
2 New American Economy 500 Republican, Independent, and Democratic mayors and CEOs in all 50 states agree: Immigration is critical to America s economic success. INFLUENTIAL CO-CHAIRS & MEMBERS ECONOMIC IMPACT STUDIES AGRICULTURE, BUSINESS, & TECH ADVOCACY LOCAL IMMIGRATION ACTION PLANS
3 NAE Local Chamber Engagement
4 Local Research: New Americans in Kansas City
5 Zero. The Number of Major U.S. Metros that Grew Without Immigrants, Source: Fiscal Policy Institute / Americas Society / Council of the Americas (2014)
6 Population Growth in Kansas City Immigrants grew at more than 3x the rate of the U.S.-born population And they accounted for 17.5% of overall population growth. 3.7% Overall population increased by 74, % Immigrant population increased by 13, Source: New American Economy, Immigrants as Economic Drivers in the Kansas City Metro in 2015
7 Spending Power & Tax Contributions in Kansas City $3.7B Amount earned by foreign-born households $309.3M State & Local Taxes Paid $629.8M Federal Taxes Paid $3.0B Total Spending Power Source: New American Economy, Immigrants as Economic Drivers in the Kansas City Metro in 2015
8 The Median Age of the U.S. is Climbing U.S. MEDIAN AGE, * * * Projection Source: U.S. Census and Pew Research Center
9 Immigrants in KC Are More Likely to Be Working Age Source: New American Economy, Immigrants as Economic Drivers in the Kansas City Metro in 2015 (2017) * Working age refers to people ages years old.
10 Immigrants in the Labor Force 6.5% 8% Foreign-Born Share of the Population Foreign-Born Share of the Employed Labor Force Immigrants living in Kansas City in 2015 helped create or preserve 6,294 Local manufacturing jobs that would have vanished or moved elsewhere. Source: New American Economy, Immigrants as Economic Drivers in the Kansas City Metro in 2015 (2017)
11 Immigrants in the KC Labor Force in Key Industries The Top 5 industries by share of immigrant workers: 19.1% 14.8% 13.5% 10.7% 7.8% Tourism, Hospitality, and Recreation Administrative Support Construction Manufacturing General Services Source: New American Economy, Immigrants as Economic Drivers in the Kansas City Metro in 2015 (2017)
12 Immigrants in the KC Labor Force in Key Industries 8.2% 8.4% 6.5% Share of Population Share of Healthcare Professionals Share of STEM Graduates Source: New American Economy, Immigrants as Economic Drivers in the Kansas City (2017)) Metro in 2015
13 STEM shortage in Kansas 2.62 American jobs were created for every foreign STEM Worker with an advanced U.S. degree. Despite making up 7% of the Kansas population, immigrants represented 13% of all STEM workers in the state in Source: New American Economy, The Contributions of New Americans in Kansas, (2017)
14 STEM shortage in Missouri If half of Missouri s 1,255 advanced-level STEM grads on temporary visas stayed in the state after graduation 1,644 jobs would be created for US-born workers by Despite making up 3.7% of the Missouri population, immigrants represented 8.9% of all STEM workers in the state in Source: New American Economy, The Contributions of New Americans in Kansas, (2017)
15 Economic Impacts of International Student Retention in the Kansas City metropolitan area Sources: New American Economy, Immigrants as Economic Drivers in the Kansas City (2017)) Metro in 2015 / New American Economy, The Contributions of New Americans in Kansas, (2017)
16 Over the Past 3 Decades... Startups were responsible for all net job growth in the U.S. economy. Source: The importance of Startups in Job Creation and Job Destruction, Kauffman Foundation
17 We re Starting Fewer Companies 12% 10% 8% 6% Source: U.S. Census Bureau, Business Dynamic Statistics
18 Immigrant Entrepreneurs are Shouldering the Load 700 NUMBER OF NEW BUSINESS OWNERS PER MONTH PER 100,000 ADULTS Immigrant Native-born Source: Partnership Reports, Open for Business: How Immigrants are Driving Small Business Creation in the U.S. (2012)
19 Entrepreneurship 67% Of Fortune 500 companies in Kansas were founded by immigrants or their children. These firms generate $13.1B in annual revenue and employ 11,078 people globally. Source: New American Economy, The Contributions of New Americans in Kansas, (2017)
20 Entrepreneurship in the Kansas City metropolitan area 7,085 Number of immigrant entrepreneurs FOREIGN-BORN SHARES Kansas City Population 6.5% Kansas City Entrepreneurs 8.1% Source: New American Economy, Immigrants as Economic Drivers in the Kansas City Metro in 2015 (2017)
21 The DACA-Eligible in Missouri More than 6,439 Missourians are currently eligible for DACA. 91.2% of them are employed, earning a total annual income of $70.6M. $6.6M went to state & local taxes $11.1M went to federal taxes Leaving them with $52.9M in spending power. Source: New American Economy, December 2017
22 The DACA-Eligible in Kansas More than 9,084 Kansans are currently eligible for DACA. 88.1% of them are employed, earning a total annual income of $116.2M. $11.5M went to state & local taxes $19.1M went to federal taxes Leaving them with $85.5M in spending power. Source: New American Economy, September 2017
23 Federal Immigration Update All eyes are on DACA
24 DACA & DREAM 101 DACA (2012) Presidential Executive Action Eligibility: Must have entered before age 16; High school degree or GED; background check 1.3 million eligible; Close to 800,000 recipients Two year renewable work permit and deferral of deportation THE DREAM ACT (2010 & 2017) Bipartisan legislation Eligibility: Must have entered before age 18; (2010) Some higher education or military service, (2017) adds employment as alternative to higher ed or military 3.4 million eligible Path to citizenship in 13 years
25 imarch slide
26 Federal Immigration Landscape LEGISLATIVE PRIORITIES Protect DREAMers Better access to high-skilled talent Visas for seasonal workforce in farms, fisheries, and other key industries TIMELINE September DACA renewal phased out December Budget deal (maybe) March 2018 DACA ends
27 Q&A Kate Brick
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