How Immigrants Affected New York City Economy

New York City went into being almost bankrupt in the 1970's but immigrants helped boost the economy. In the 1970's foreign born population finally started to rise since its high in the 1930's Immigrant workers help build New York City and today they account for about 43 percent of New York City workers.
From the 1970's and into today foreign born population in New York City is on the rise while native born is on a slow decline. From 2000 to 2007 the immigrant population has boosted economy and jobs in the boroughs of Queens and Brooklyn. In ten neighborhoods that we sampled with the highest immigration also so the most boost in economy, showing that these areas had a rise in businesses of 14.8 percent while the rest of New York City only showed a rise of 3.3 percent.

Immigrants’ Share of Industry Workforce
Industry Share
Personal Services (e.g., nail salons, dry cleaning) 68%
Repair Services and Community Organizations 56%
Construction 56%
Leisure and Hospitality 55%
Manufacturing 53%
Health and Social Services 50%
Transportation 47%
Retail and Wholesale Trade 47%
All Industries 43%
Financial Activities 36%
Professional and Business Services 34%
Educational Services 27%
Government 27%
Information 21%
Utilities 19%

Immigration has had a huge impact on New York City and this list shows how the 43 percent of the population of immigration has been distributed over the workforce.