If immigration laws tighten, all entrepreneurs could feel the squeeze.
Just what will happen to the economy if tighter immigration policies reduce the flow of immigrants? That's a serious question many entrepreneurs are mulling over in the wake of newly formed attitudes toward immigrants, post 9/11.
The U.S. economic boom of the 1990s was fueled by labor arriving from other countries, according to an analysis of Census data done by the Center for Labor Market Studies at Northeastern University in Boston. Immigration hit record levels last decade, as more than 13 million new immigrants entered the country. Because those immigrants tended to be relatively young men who were hungry for work, they had an outsized impact on the U.S. supply of labor, making up nearly half of labor supply growth from 1990 to 2001.
4th of July Subscription Sale - Unlock this subscriber exclusive article and more for 20% off today.
Access all Entrepreneur content with no ads, unlock discounts, and get exclusive advice only available to our subscribers. Plus, our magazine delivered straight to your door.
Get 20% off an annual subscription today. Just use code SAVE20 at checkout.
Entrepreneur Editors' Picks
Tory Burch Built a Brand Around Empowering Women. Now Her Foundation Is Furthering Her Mission: 'How Do We as a Company Have a Positive Impact on Humanity?'
This Founder Had to Play College Basketball in Men's Shorts and Shoes, So She Launched an Athletic Clothing Company Named After the Now 50-Year-Old Title IX Act
Is Beyoncé's 'Break My Soul' the Theme Song of the Great Resignation?
You're Probably Falling for All of Amazon Prime Day's Psychological Sales Tactics. A Marketing Professor Reveals Them — and How You Can Actually Get the Best Deal.
Comedian Paul Virzi: 'If You're Not Authentic, You Have Nothing'
Struggling to Come Up With Creative Ideas? Try Doing This.
Picking a Winning Emerging Brand Is How You Get Rich in Franchising. Here's How to Spot One.