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Friday, November 21, 2014

Employment

News                                                                                                                             
Forbes | How Obama's Illegal Immigrant Amnesty Will Affect Labor Markets
President Obama announced something of an amnesty plan Thursday night for illegal immigrants with children who are citizens or green card holders. Estimates vary, but this will probably affect around 4 to 5 million illegal immigrants. Politically many are arguing this policy is an extreme move, but economically the impact on labor markets won’t be huge.
Market Watch | Here’s what Obama didn’t tell you on economics of immigration
As President Barack Obama on Thursday laid out his new immigration policy in a prime-time address, here’s what neither he nor his detractors are saying about the economics of the issue.
Wall Street Journal | Obama’s Immigration Plan Seen Affecting Wages, Job Moves
President Barack Obama ’s move to offer legal-worker status to several million undocumented immigrants will send unpredictable ripples through the U.S. economy, prompting many to seek higher-paying jobs and heightening competition for positions in a number of sectors, economists say.
CNN Money | High-skilled immigration fixes are just a band-aid
As expected, the bulk of the address was related to unauthorized immigrants. But he promised to make it "easier and faster" for high-skilled immigrants, graduates and entrepreneurs to work in the U.S. after graduation.

Econ Comments & Analysis                                                                                            
CNN Money | Part-time jobs put millions in poverty or close to it
They are unable to get full-time work and the benefits and stability that come with it. It's a constant struggle for these families and a worrying sign for America's recovery.