PHOENIX — The Arizona economy will benefit enormously should immigration reform be passed, a new study said.
According to the Phoenix New Times, Arizona’s economy would grow by $500 million over a five-year period should Congress act on immigration.
A report from the Morrison Institute of Public Policy said the financial gain could begin in 2026, the soonest immigrants would be able to become citizens.
“Generally speaking,” says Mike Slaven, a policy analyst and the study’s author, “having more people out of the shadows is better and will increase the size of the economy.”
The report did not consider other economical factors and solely focused on granting current illegal immigrants legal status. Those workers would theoretically see an 8 to 11 percent increase in salary.
“They can compete for jobs that only citizens are eligible for,” Slaven says. “The other reason is that employers tend to be more willing to invest in skills if their employee is an American citizen.”
The report said that, should Arizona’s illegal workforce of 190,000 people be legalized, the state would gain $1.17 for every $1 those workers earn.
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- 12 things to watch before the Oscars
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Best and worst of Super Bowl commercials
- Failed back surgery: New hope for patients living in pain
- Ticking time bombs: Telltale signs your water heater is about to explode
- Reading glasses could be a thing of the past
- 6 cool ways teachers are using technology in the classroom
- Emerging tech jobs in Phoenix and how to get one in 2017
- 4 top treatments athletes use for pain
- Emergency! What to do when bathrooms flood
- Operation Santa Claus needs holiday help
- This college bowl season is likely to be epic
- Arizona kids in crisis: How you can help
- 11 holiday classics for the ultimate movie marathon
- New treatment offers hope for migraine sufferers
- 11 stadiums to watch your favorite football team
- Shopping for a TV? Best models for 2016
- The new beer pairing guide for holiday foods
- Avoid this holiday plumbing disaster in your home
- 7 tips to avoid holiday weight gain
- New treatments mean better prostate cancer survival rates
- 5 of the scariest things found in drains
- 6 tips to create the best family movie night