The light blue columns indicate the rate of self starters among each ethnic group and the dark blue columns show the percentage of all migrant entrepreneurs each group accounts for. Mexicans, Indians, Chinese, Koreans and Cubans make up the bulk of migrant entrepreneurs, with 35 percent. But the entrepreneurship rate among Greek, Israeli, Palestinian and Syrian immigrants was higher than other nationalities. Over the last two decades, immigrant owned businesses have made up 30 percent of the growth in the small business economy, a significant chunk given that immigrants only account for 13 percent of the US population. Their businesses also performed better than your average American. Employees within these small companies earned over $55,000 a year over the median earned income of $41,000 a year, according to the Fiscal Policy Institutes report.
Posted on: Sat, 22 Nov 2014 21:21:11 +0000
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