Things Are Getting Better for the Working Poor

9/13/2016 - Professor of Economics Giovanni Peri in The Washington Post.

Last year marked the greatest improvement in the typical American family's finances on record, according to a new annual report from the Census Bureau, especially for the working poor.

Hispanics and immigrants in particular benefited from last year's economy. Median incomes for Hispanics increased 6.1 percent. Immigrants' incomes, excluding naturalized citizens skyrocketed 10.5 percent.

Those improvements contributed to an overall increase of 6.4 percent in the Western states, said Giovanni Peri, an economist who studies immigration at the University of California at Davis.

Read the full story in The Washington Post.