Recent News & Archive
Immigrants seen playing a larger role in city’s economyCrain's NY Business - January 12, 2010
Immigrants accounted for $215 billion in economic activity in the five boroughs in 2008 - nearly one-third of the gross city product, according to a report released Wednesday by state Comptroller Thomas DiNapoli. The report shows that immigrants played a major role in the city's economic growth between 2000 and 2008, increasing their ranks in the workforce by 68%, their wages by 39% and their contribution to the gross city product by 61%. By 2008, immigrants made up 36% of the city's population, but 43% of its workforce, holding a broad array of jobs ranging from doctors and nurses to cabbies and construction workers.
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