Remittances – money immigrants and foreign workers send abroad to their families – exert a key positive influence on the global economy, concludes a new report by the World Bank. The report carries implications for everything from U.S. policies on temporary workers to international development assistance.
America's current immigration policies are antiquated and fail to recognize the importance of Mexican workers to the national economy. U.S. immigration law must provide ways for Mexican workers to enter and remain in the U.S., in both temporary and permanent status, with protections to assure that they have the dignity and respect they deserve, given the important contributions they make to America. The status quo can no longer be accepted if the United States is to remain the world's leading economy.
Notre Dame professor Jorge Bustamante concludes that both the U.S. and Mexican economies benefit by “regularizing” undocumented immigrants. Current immigration restrictions disrupt labor flows and lives along U.S.-Mexican border.
A study by the Pew Hispanic Center suggests that new immigration initiatives must find a balance between controlling labor flows and homeland security. The report shows immigrant workers provide most major sectors of the U.S. economy with valuable labor.
A recent university study found undocumented immigrants in Chicago to be strongly committed to working in the U.S. and making significant contributions to the economy. Undocumented workers typically experienced tremendous disadvantages in the labor market despite work experience and human capital accumulations.