New study reveals immigration fails to benefit Alabama economy

0
952
young immigrants_Dreamers
[Photo Credit: AP Photo]

The economic impact of immigrants entering the United States benefits Alabama very little, according to a recently released analysis from the personal-finance website WalletHub.

With immigration reform remaining one of the biggest policy issues in 2020, WalletHub recently released its report on 2020’s Economic Impact of Immigration by State and found Alabama ranks 40th, out of 50 states, in terms of how much immigration benefits the state’s economy. 

In their study, WalletHub analysts compared the economic impact of foreign-born populations on the 50 states and the District of Columbia. They determined which states benefit the most — and least — from immigration using 23 key indicators across four key dimensions: 1) Immigrant Workforce, 2) Socioeconomic Contribution, 3) Brain Gain & Innovators and 4) International Students.

Here’s how Alabama compares to the rest of the country:

Source: WalletHub

The top three states where immigrants had the greatest economic impact were New York, Connecticut and New Jersey. Meanwhile, Idaho, Wyoming and Mississippi had the very least benefit.