Undocumented workers’ incomes increased dramatically during the Obama years.
The gap in the hourly wage between undocumented workers and native workers is reduced by half once socioeconomic characteristics — educational attainment, type of jobs, years since emigrating here and age — are taken into account, according to a recent academic paper, “The Earnings of Undocumented Immigrants,” by Harvard University economist George Borjas, and circulated Monday by the National Bureau of Economic Research, a Cambridge, Mass.-based research group.
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This “wage penalty,” defined by Borjas as the gap between earnings of undocumented and legal immigrants, was about 10% in 2005, but fell to less than 4% by 2014 and, he adds, likely continued to narrow since then. Undocumented workers earn about 40% less than American workers, but that gap falls to 20% after controlling for the various socioeconomic and educational factors. “The adjusted wage of undocumented workers rose rapidly in the past
Continue reading full article here: http://www.marketwatch.com/story/earnings-of-undocumented-workers-are-rapidly-catching-up-with-everyone-else-2017-03-13
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