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Www.RenewOurEconomy.org. THE MEDIAN AGE OF THE U.S. WORKFORCE IS CLIMBING 42.3* *PROJECTED Source: Bureau of Labor Statistics.

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Presentation on theme: "Www.RenewOurEconomy.org. THE MEDIAN AGE OF THE U.S. WORKFORCE IS CLIMBING 42.3* *PROJECTED Source: Bureau of Labor Statistics."— Presentation transcript:

1 www.RenewOurEconomy.org

2 THE MEDIAN AGE OF THE U.S. WORKFORCE IS CLIMBING 42.3* *PROJECTED Source: Bureau of Labor Statistics

3 THE RATIO OF SENIORS TO WORKERS IS SKYROCKETING Number of Seniors Per 100 Working Adults * * * * *PROJECTED Source: Bureau of Labor Statistics

4 SKILLS MISMATCH 3.4 million unfilled jobs in the United States As of April 2012, there are Source: Bureau of Labor Statistics, Job Openings and Labor Turnover Survey, April 2012,

5 BY 2018, THE U.S. WILL FACE A PROJECTED SHORTFALL OF 230,000 STEM WORKERS

6 CLICK TO EDIT MASTER TITLE STYLE 10/7/20156 THE RATE OF STARTUPS IN THE U.S. IS FALLING Source: US Census Bureau, Business Dynamic Statistics

7 AN IMMIGRATION SOLUTION Immigrants are twice as likely to be physicians and twice as likely to be home health aids Immigrants are most likely to be farm workers, natives most likely to be farmers or ranchers Immigrants are three times as likely to work as maids and housekeeping cleaners Source: Partnership and Brookings Report, “Immigrant Workers in the U.S. Labor Force,” March 2012

8 LOW SKILLED IMMIGRATION KEEPS THE U.S. COMPETITIVE Every Temporary Low Skill Worker Creates 4.6 American Jobs Source: Partnership and American Enterprise Institute Report, “Immigration and American Jobs,” December 2012.

9 HIGH SKILLED IMMIGRATION KEEPS THE U.S. COMPETITIVE Every Foreign STEM Worker With an Advanced U.S. Degree Creates 2.62 American Jobs Source: Partnership and American Enterprise Institute Report, “Immigration and American Jobs,” December 2012.

10 IMMIGRATION DRIVES NEW BUSINESS CREATION More than 40% of Fortune 500 companies were founded by immigrants or their children Source: Partnership Report, “The New American Fortune 500,” June 2011.

11 NEW THREATS FROM ABROAD Entrepreneurs Visa Visa for STEM grads Regional Control Focus on Economic Reasons Incentives to Leave U.S. Source: Partnership Report, “Not Coming to America,” May 2012.

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