President Obama’s plan to issue work permits to younger, undocumented immigrants won’t have much impact on the labor force — unless you’re an unskilled worker, Stanford University economics professor Ed Lazear said Friday.
“This is a question that’s been researched to death by economists. It’s a very important question, and it’s one that’s been looked at over and over again,” he said on CNBC’s “The Kudlow Report.”
“The basic finding, I think in that literature, is that the effects, to be honest, are pretty small,” he said. “That is, the effects of having an immigrant population come in are minor on the economy as a whole”
Earlier, the White House announced the policy change, which would affect up to 800,000 undocumented immigrants.