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As for the wider U.S. economy, experts said it is unlikely that Obama's executive actions will have a significant impact on employment or wages.

Citing the U.S. Immigration Reform and Control Act of 1986 that offered amnesty to about 2.7 million undocumented immigrants, Evercore concluded that research is mixed on employment-level changes (since many were already participating in the workforce), but that "most economists agree ... that new waves of immigration hurt previous immigrants."

"The literature is generally in agreement that the primary beneficiaries of legalization would be the eligible immigrants themselves, with the main benefit being an increase in earnings as workers formerly in the shadow labor market move to better, higher-paying jobs and earn greater returns on their educations," the Evercore note said.

Read More Boehner: House 'will in fact act' on immigration

And while the real economy may not change much, investors should also not expect to see major moves in closely followed statistics, according to research from JPMorgan.

"We believe it will be hard to discern any large effects on the data," wrote Michael Feroli, the firm's chief U.S. economist, adding that "we think the labor market data are largely immune to changes in the legal status of workers."

Even the government's cofferswhich would presumably benefit from more than 4 million expected new taxpayersmay not see a big bump from the president's actions. Many experts predict that about half of undocumented immigrants with jobs have false papers, so they are already paying taxes, said John Skrentny, director of the Center for Comparative Immigration Studies at the University of California, San Diego.

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Immigration reform's economic effect

President Barack Obama laid out his plan to overhaul the US immigration system in a Thursday night speech that will test the extent of his ability to use executive action.

Today, our immigration system is brokenand everybody knows it, Obama told Americans in a nationally televised address.

Obama laid out a broad three-point plan for immigration reform: providing border security with additional resources, making it easier and faster for high-skilled immigrants to stay and contribute to our economy and offering opportunities for some undocumented immigrants to avoid deportation.

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Under the plan, undocumented immigrants who have lived in the United States for five years or more, have children who are citizens or legal residents, formally register, pass a criminal background check, and are willing to pay their fair share of taxes will be able to stay in the country without fear of deportation, the President said.

Even as we focus on deporting criminals, the fact is, millions of immigrants...still live here illegally, Obama said, noting that deportations were up 80 percent over the past six years. And lets be honesttracking down, rounding up, and deporting millions of people isnt realistic. Anyone who suggests otherwise isnt being straight with you.

Obama also addressed critics of his proposals, flipping their charge that the White Houses plan would amount to amnesty for some undocumented immigrants.

I know some of the critics of this action call it amnestywell, its not, he said. Amnesty is the immigration system we have today millions of people who live here without paying their taxes or playing by the rules, while politicians use the issue to scare people and whip up votes at election time. Thats the real amnestyleaving this broken system the way it is. Mass amnesty would be unfair, mass deportation would be both impossible and contrary to our character. What Im describing is accountability.

The Associated Press previously reported, the rules could impact up to 5 million of the 11 million undocumented immigrants believed to be residing in the US. The crux of the White Houses plan is to protect undocumented parents of children born in the US from deportation.

Republicans have balked at Obamas decision to use executive action, which they criticized as an overreach of presidential powers.

Originally posted here:
President Obama Announces Executive Action on Immigration Reform

Fresh off a victory in which they took control of both the U.S. Senate and House of Representatives, the GOP suddenly finds itself in a jam.

The story of the moment is no longer President Obama's healthcare program, which Republicans have promised to blow up on the way to the presidency in 2016.

It's Obama's immigration reform plan, which he delivered Thursday night in a short speech, laying out the terms by which 5 million or so immigrants who entered the U.S. illegally will have temporary legal protection.

"We are in great shape," Eliseo Medina, an immigration reform activist for many years, said to me in an email.

"People now have proof positive that they can make change, and the GOP is in a box attack, and make their relations with Latinos worse, or do their own bill and tick off" the more conservative wing of the party by compromising.

When I wrote about Medina earlier this year and mentioned his 22-day fast in Washington, D.C., in 2013, he was optimistic that there'd be reform this year. I didn't share his enthusiasm, but he said Obama who visited him during the fast struck him as sincerely determined to get something done.

"I had discussed it with him so many times that I was convinced he was going to do it. The only question was how far he was willing/able to go and when."

The when is now.

Advocates didn't get the whole package they wanted, and the scramble to determine who is eligible for protection and to process applications could be chaotic for months to come.

But in making a first move toward change, Obama struck a blow to the duplicity and hypocrisy surrounding immigration law.

Read the rest here:
Immigration reform: The when is now and it's long overdue

Green Bay - Local immigration programs are dealing with an influx of phone calls about President Obama's announced executive order. These programs still have questions about the immigration reform.

President Obama's announcement of immigration reform Thursday night was an anticipated message for Laurie Martinez.

"It's almost like you don't believe it until you actually see it," she said.

The Refugee/Immigrant Family Strengthening Services office in the Catholic Diocese of Green Bay works with families or individuals in 16 counties dealing with immigration. And since the president's announcement which would mean as many as 5 million immigrants in the U.S. would be able to legally stay -- Martinez's office has been getting a lot of questions.

"Right now, we really don't know what to expect," she admits. "I know people are calling and asking us, and at this point we just don't know. We, too, are kind of waiting for what's going to happen."

While details of this reform is still unknown, she thinks back to the Deferred Action for Childhood Arrivals reform from 2012, known as the Dream Act, for some guidance.

"It was for people under 31 to prove they were here on a certain date, when did they arrive, and then they were granted these two-year work permits, and that's the thing, it's a work authorization, and it's just something that has to be renewed."

But right now it's just too early to tell what shape the latest reform will take, including when people can start applying.

"People are anxious to, probably thinking that they can apply. We don't even know the date when people are going to be able to submit these applications."

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Immigration groups have many questions about reform order

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