Latino Immigrants as Job Creators
  
Most cities have the same story, immigrants from all countries run many of the small businesses and are helping the economy.    - - Donna Poisl

by Shannon K. O'Neil

CFR’s Renewing America initiative just released a new report by Alexandra Starr, a fellow at the New America Foundation, titled “Latino Immigrant Entrepreneurs: How to Capitalize on Their Economic Potential.” Through statistics and personal stories, the report explores Latino immigrant entrepreneurs’ growing contributions to the U.S. economy.

Contrary to many who assume Latino immigrants just take away American jobs, Hispanic immigrants have played an important role in helping to revive small U.S. towns. While many come to find work, they often create the positions themselves, opening up new restaurants, storefronts, and services that line small-town Main Streets. Big cities are no different. In fact, almost half of New York City’s small businesses are immigrant-run.
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