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Asians now represent U.S.’ largest group of new arrivals

If you recently came to the United States from Aia so you could send money to your family at home, you've likely noticed that you're in good company, as there are many Asians living in the U.S. today than there were 10 years ago. However, you may not fully appreciate just how many, as a new report indicates that Asians outnumber Latinos as the country's largest minority group among new arrivals.

According to a new report conducted by the Washington, D.C.-based Pew Research Center, 36 percent of new immigrants who arrived in 2010 were Asians. Latinos, meanwhile, represented 31 percent of new arrivals.

The sizeable shift is especially significant when you look at where the percentages were in 2000, as a decade ago, 19 percent of new immigrants were Asians and 59 percent were Hispanic. Since then, there has been a gradual increase in the number of Asian immigrants coming to the country. Latinos, meanwhile, are still coming to the U.S. in droves to pursue a better life, but the rate has declined fairly steadily in the past 10 years.

Another aspect of the report that you may be particularly proud of is the educational attainments many Asians have achieved. For example, Pew found that six in 10 – 61 percent – who have come to the U.S. within the past 10 years have at least a bachelor's degree, roughly two times more compared to recent immigrants who are not of Asian ethnicity.

"[This] almost surely makes the recent Asian arrivals the most highly educated cohort of immigrants in U.S. history," the report stated.

Not only are Asians more likely to have received a degree from an institute of higher learning, but their paychecks tend to be larger as well, enabling them to send money overseas and still have plenty leftover for other expenses. Median household incomes levels for Asians in 2010 was $66,000, Pew found, surpassing the U.S. average of $49,800.

In addition to achieving advanced degrees and being handsomely rewarded for their skills, Asians are also more likely to be satisfied with their life in the United States. Pew discovered in a telephone survey performed between January and March that Asians were satisfied with their lives overall, averaging a rate of 82 percent versus the general public average of 75 percent. They were also more likely to be content with their personal finances and optimistic about the direction in which the country is headed.

Because Asia is a large content, Pew wanted to determine where immigrants originated from. Most came from China at 23 percent, followed by the Philippines and India at 20 percent and 18 percent, respectively. This may help explain why so many people send money to India and the Philippines.

The U.S. has always been known as a melting pot of many different cultures and backgrounds. And as this study indicates, Asians are establishing themselves as a fundamental component of the country's reputation as a land of opportunity.

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