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Study: Immigrants and their kids founded 45% of U.S. Fortune 500 companies

Data: New American Economy Research Fund; Chart: Chris Canipe/Axios

Immigrants and their children have founded 45% of the U.S.' Fortune 500 companies, according to a new study by New American Economy, a bipartisan pro-immigration group.

Why it matters: The share of the most successful and globally recognized U.S. companies that have immigrant founders is growing, according to NAE's Hanna Siegel and Andrew Lim, while the Trump administration has tried to make it more difficult for immigrants to come to the U.S., often claiming that they take American jobs and lower wages.

Amazon is positioned to save America from automation

Illustration of a cardboard delivery box with icons related to improving worker skills on the side
Illustration: Sarah Grillo/Axios

As automation gnaws at the economy, Fortune 500 companies have come out with training programs to prepare their workers for a future in which their jobs change significantly — or cease to exist at all.

Why it matters: Alongside those programs, a for-profit, training-as-a-service industry is emerging — firms that will come into your company and train everyone for you. Amazon, with its troves of data and cash, may be best positioned to dominate this new reskilling-in-a-box business.