Immigrants | Quick Facts
Did you know that in 2012 for the first time in history, the majority of babies under the age of one were black, Hispanic, Asian, or of another non-white race? It is worth noting that America’s success would simply not be possible without its multiple generations of immigrants. With the growing number of immigrants in recent years, it is important to understand how immigrants help build, strengthen and maintain our economy.
Immigrants | Business and Employment
According to the Small Business Administration, immigrants are 30% more likely to start a business in the United States than non-immigrants. Additionally, 18% of all small business owners in the U.S. are immigrants. Contrary to popular belief, immigrant-owned businesses create jobs for American workers. As an example, the Fiscal Policy Institute reported that immigrant-owned businesses employed 4.7 million people in 2007 alone—that is, over $776 billion in revenues annually. Furthermore, immigrants are more likely to create their own jobs; 7.5% of foreign-born people are self-employed, compared to a 6.6% of native-born Americans. What’s more, this year it is estimated that the purchasing power of Latinos and Asians will reach $1.5 trillion and $755 billion, respectively.
The technology industry has been booming in recent years and according to the National Venture Capital Association, immigrants started 25% of public U.S. companies backed by venture capital investors such as Google, eBay, Yahoo!, and Intel. Surprised? According to the Census Bureau, immigrants represent 33% of all engineers, 27% of mathematicians, statisticians, and computer scientists, and 24% of physical scientists in the United States.
Immigrants | Linguistic challenges
Immigration is continuing to increase, thus a larger variety of languages is arising in the United States across different fields. For example, in the case of judicial courts there have been needs for translating rare languages such as Mixe, a language used by approximately 7,000 people in the mountains of the southern Mexican state of Oaxaca, or Vai, a language spoken by a small population in Liberia. On the opposite end of translation needs are the most commonly spoken foreign languages in the United States, of which Spanish holds first place with 37,579,787 speakers in total. After Spanish, the following languages are the most common in respective order: Chinese, Tagalog, Vietnamese, French, German, Korean, Arabic, Russian, and Italian. Regardless of their population, all of these languages have one thing in common, and that is the fact that their speakers are often Limited English Proficiency (LEP) individuals who require help overcoming linguistic barriers. Thus is the growing demand for the professional legal and life sciences translation and interpreting services that ensure the smooth transition and integration into a new society and economy.
About Language Connections:
Language Connections is one of the top language service companies in the US. Over the last 30 years, we’ve focused on providing the best business translation services, interpreting services, as well as interpreter training and customized language training programs. In addition to top-tier corporate language training, we offer certified corporate interpreters and professional business translation services in 200+ languages. Our network includes linguists with backgrounds in all major industries. They’re ready to meet your needs, whether they’re for technical translation services, legal translation, government translation services, international development translation services, education translation services, life sciences translation, or something else. Reach out to us today for a free quote on our cost-efficient and timely translation services, interpreters, or other linguistic services.
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