Why sign on: Sound and just immigration policies are essential for business certainty, operational continuity, and economic expansion. In 2023, undocumented immigrants represented about 37 percent of all agricultural workers who provide our nation’s produce. Over one-third of all roofers and one in four construction workers are immigrants. Amid a nationwide shortage of healthcare professionals, nearly 5% percent of all health aides are undocumented immigrants. Mass deportation is expected to result in a 4.9% reduction in the labor force and cripple future labor force growth, disrupting business operations and significantly increasing labor costs for all employers, now and for years to come. Importantly, while the majority of undocumented immigrants are employed by small to medium-sized enterprises, they are essential to the supply chains of numerous publicly traded companies. According to the Peterson Institute, removing this critical workforce through mass deportations would result in a GDP loss between 1.2 and 7.4 percent below baseline by the end of 2028, slowing down the U.S. economy and restricting the growth potentials of many American businesses. Moreover, a one-time mass deportation is conservatively estimated to cost the U.S. government $315 billion to execute.

Link to statement: https://www.iccr.org/reports/investor-statement-comprehensive-and-just-immigration-reform/

Sign on deadline: March 14, 2025

Contact: Nadira Narine ([email protected])