Friday, June 15, 2012

Immigrants outpacing the general population in owning small businesses: study
 

Nearly one half of small businesses in New York City are owned by immigrants

This makes perfect sense, it is duplicating the immigrant story throughout our whole history.   - - Donna Poisl

BY PHYLLIS FURMAN / NEW YORK DAILY NEWS

They're coming to America - and starting businesses.

Immigrant entrepreneurship is on the rise both in New York City and across the country, with immigrants owning a disproportionately large number of small businesses, according to a just released study from the Fiscal Policy Institute.

As of 2010, more than one in six small business owners in the U.S. were immigrants, the study found. And in New York City, nearly one half of entrepreneurs were born in foreign countries.

By contrast, immigrants accounted for a smaller portion of the population - 13% of the U.S. and 36% of New York City.
Click on the HEADLINE above to read the rest of this story! This is only a small part of it.

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