immigration reform balanced reform

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IMMIGRATION REFORM State-Level Impacts on New Mexico’s Economy

BALANCED REFORM

New Mexico

A balanced approach to immigration reform emphasizes strong border security and employment verification, while also streamlining and expanding the existing high-skilled (H-1B), low-skilled (H-2A) and green card visa programs and establishing a new H-2C category to help businesses expand. It promises to grow New Mexico’s economy, create tens of thousands of new jobs and increase the incomes of New Mexico households.

The Impact on New Mexico’s Economy

+$2.7 billion

Projected Change in GDP (USD Billions)

$3 $2 $1 $0 Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Source: REMI, Inc.

31,434 Jobs Created Statewide Over the Next 10 Years

$113

Industries with Largest Job Gains +3,231

+3,215

+3,152

+3,139 +2,428

State and Local Government

Retail

Professional, scientific, and technical services

Construction

Food services and drinking places Source: REMI, Inc.

Income gain for the median household in New Mexico in the first year after implementation. Source: REMI, Inc.

Balanced immigration reform means improved border security and more economic opportunity for New Mexico.

IMMIGRATION REFORM State-Level Impacts on New Mexico’s Economy

ENFORCEMENT ONLY

New Mexico

An enforcement-only approach to immigration reform centers on aggressive border security measures and the removal of most undocumented residents. Such an approach would cost New Mexico billions in gross domestic product (GDP), eliminate tens of thousands of jobs statewide and lower the incomes of New Mexico households.

The Impact on New Mexico’s Economy

-$3.5 billion

Projected Change in GDP (USD Billions)

$0 -$1 -$2 -$3 -$4 Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Source: REMI, Inc.

46,236 Jobs Lost Statewide Over the Next 10 Years

Industries with Largest Job Losses State and Local Government Construction

Food services and drinking places

Retail

Administrative and support services

-3,032 -6,453

-5,547

-5,123

-4,441 Source: REMI, Inc.

$122

Income loss for the median New Mexico household in the first year after implementation. Source: REMI, Inc.

“Enforcement only” addresses one side of the immigration equation, but it does not account for the contributions that millions of immigrant workers provide to the U.S. economy and New Mexico residents.

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