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The Power of More Foreign-Born Workers: How Raising Immigration Levels Can Boost US Economic Growth

As the US economy ushers in an era of labor shortages, immigrants who arrive between the ages of 18 and 35 can play a key role in helping firms fill critical talent gaps. Based on the cost of raising and educating children in the US, new immigrants provide a human capital contribution that can be valued at more than $300 billion per year. Contributions of individual immigrants vary by their educational attainment, choice of location, skills, and many other factors.

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Committee for Economic Development
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