The United States has long attracted some of the world’s best and brightest, drawn by the strong U.S. economy, renowned universities, and reputation for entrepreneurship and innovation. But because of language, credential-recognition, and other barriers many of these highly skilled, college-educated immigrants cannot fully contribute their academic and professional training and skills once in the United States. As a result they work in low-skilled jobs or cannot find a job—a phenomenon known as brain waste.
On this podcast, MPI experts give a presentation of the first-ever U.S. estimates on the economic costs of this skill underutilization for immigrants, their families, and the U.S. economy, along with estimates on forgone earnings and tax payments for: California, Florida, Michigan, New York, Ohio, Texas, and Washington. The panel discusses the factors linked to immigrant skill underutilization; highlight the potential for current city, state, and U.S. labor policy (including implementation of the Workforce Innovation and Opportunity Act) to reduce this brain waste; and offer an employer-based view of skill underutilization and how it can be addressed.
The report and related state research can be found here: https://bit.ly/mpiuntappedtalent