Streams

To Keep City’s Tech Industry on Top, Bloomberg Calls for More Immigration

Monday, October 01, 2012

Mayor Michael Bloomberg attributes part of the city’s recent growth to the technology sector.  Though he expects the city to lead the industry for years to come, Bloomberg said there are still some challenges that need to be overcome, one of which is out of the hands of city government.

Bloomberg said the biggest challenge for the city’s burgeoning tech industry has being finding skilled labor. He noted that America’s school system cannot produce the number of people with the skill set required for today’s tech industry. He thinks the country needs to be attracting overseas labor.

“We keep lobbying Washington to open the gates, so that we can get the best and the brightest from around the world,” Bloomberg said, “those who will create and become the Nobel prize winners, and start businesses, those who will work in the fields with their hands with their hands and do things that American traditionally just don’t want to do, but we really need.”

He thinks hiring high tech will also help spur other industries. For example, the high-tech worker who will go out to eat or get dry cleaning done will support local businesses.

Earlier in the day, Bloomberg tweeted out that if Congress passed the DREAM Act, it would add $16 billion and 53,500 jobs in New York. The tweet quoted stats from a report done by the Center for American Progress and the Partnership for a New American Economy.

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