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January 30, 2019 | Number of The Day
New Jersey’s ranking among states where immigrants have the most economic impact

The subject of immigration policy has become an incandescent element of political debate in the United States, with no sign of a cooling off; witness the recent partial shutdown of the federal government. Now for some interesting numbers from WalletHub, the credit rating and financial advice website. It compared the economic impact of foreign-born populations on the 50 states and the District of Columbia, using 20 key indicators, such as median household income of the foreign-born population and jobs generated by immigrant-owned businesses. New Jersey ranked third overall with a total score of 70.56, after California (77.01) and New York (74.62). The bottom three states were Mississippi (13.19), Wyoming (15.11) and South Dakota (15.74).

New Jersey’s ranking for the different indicators is also illuminating. It ranked first for percent of foreign-born STEM workers out of total workers in STEM (science, technology, engineering and mathematics), second for the percent of jobs generated by immigrant-owned businesses out of total jobs, and fourth for the median household income of its foreign-born population.