The Cuban Immigrants in Miami: Impacts and Fluctuations in the Economy
Abstract
This report is an evaluation of the economic effects that the
mass migration of Cuban refugees have had on Dade County during
the Castro regime, 1959 to 1987. The paper first explains the
background information which lists the reasons and reactions of the
seven specific immigration waves. And, moves into the analysis,
were financial expenditures/social welfare, international trade and
employment, unemployment and socioeconomic standing are
discussed. After researching and analyzing the effects of the Cuban
immigration, some conclusions may be drawn:
1. The federal government, local government and private
agencies have taken the burden of the costs for aid to
Cuban American social welfare and since most of the
money is spent in Dade County, Miami prospers with
improved economic activity.
2. International trade has been stimulated over the thirty
year period, especially to Latin countries because of dual
language capabilities. Many international companies have
set up bonds in "Little Havana".
3. With the influx of Cubans, Miami's unemployment rate has
stayed relatively low and stable, employment has been
constantly increasing over the past thirty years and
Cubans, themselves come forth as highly skilled and
motivated workers.
Therefore, there has been a growth in spending, international trade
and employment. Unemployment has remained relatively stable and
Cubans have received affluence as highly skilled immigrants.