July26,2011 BoostU.S.JobCreationandGrowtheEconomywith Employment-basedImmigrationReform BusinessLeadersApp laudSenatorsSch umerandCornynforFocu singontheJob-crea tingandEconomi c BenefitsofHigh-SkilledGreenCardandVisaReform BusinessRoundtableCEOs,wholeadcompaniesthate mploymoret han13millionpeople ,todayapplau ded ChairmanCharlesSchume r(D-NY),Rank ingMembe rJohnCornyn (R-TX)andallme mbersofthe Senate JudiciaryCommittee’sSubcommittee onImmigrat ion,Refugees andBorderSe curityformakingthejob- creatingande conomiccas eforhigh-skilledimm igrationreformat today’shearing :“TheEconomicImperative forEnactingImmigrationReform.” The“econo micimperative ”forreformingthe greencarda ndvisasystemsU.S.employ ersusetohire highly educated,fo reign-bornprofes sionalscouldnotbe clearer: • 40percentof2010Fortune500companies werefounde dbyimmigran tsorthechildren of immigrants,e mployingmore than10millionpeop le.( PartnershipforaNewAmericanEconomy,2011 ) • MorethanaquarterofU.S.techno logyandengineer ingbusinesses launchedbetween1995and2005 hadaforeign-bornfounder.( TheBrookingsInstitution,2011 ) • Fortechnology firmswithfewe rthan5,000employ ees,each H-1Bposition(temporaryvisasre served forhigh-skilledwork ers)wasassoc iatedwithan increaseofemploymentof7.5workers .( National FoundationforAmericanPolicy,2008 ) • In2005,compan iesfoundedby immigrantspro duced $52billioninsalesandemployed450,000 workers.(TheBrookingsInstitution,2011 ) ToHelpSpurU.S.JobCreation,Reformthe Employment-basedGreenCardandVisaSystemsThisYear! LearnmoreaboutBRT ’sEducation,Wo rkforceandInnovationInitiative. BusinessRoundtab le(BRT)is anassociationof chiefexecu tiveoffice rsofleading U.S.companieswithnearly$6 trilli oninannual revenuesandmore than13mill ionemployees .BRTmembercompani escomprisene arlyathirdo fthetotalval ueoftheU.S .stock marketandinves tmorethan$114 billionannual lyinrese archanddevelopment–nearlyhal fofallpr ivateU.S.R&Dspending.Our companiespaymorethan $179bill ionindivi dendstosharehol ders. BRTcompaniesgive nearly$9 billionaye arincombined charitablecont ributions. 1717RHODEISLANDAVENUE,NWSUITE800WASHINGTON,DC20036202-872-1260WWW.BRT.ORG