Half of the abysmal job ‘growth’ went to immigrants, including illegal immigrants.
The Bureau of Labor Statistics said the foreign-born population filled 840,000 new jobs over the last seven months.
The overall labor force participation rate declined to 62.5% compared to 62.7% for April. The pre-pandemic level was 63.3%.
“Nearly half of all job growth since October can be attributed to various immigrant groups, including illegal immigrants, showing a far weaker economy than suggested,” the Republican-led House Budget Committee said.
Economist E.J. Antoni: All of the net job growth over the last year has gone to foreign-born workers (a category which the Labor Dept. admits includes illegal aliens).
All of the net job growth over the last year has gone to foreign-born workers, (a category which the Labor Dept. admits includes illegal aliens) while native-born Americans have lost a net 300k jobs: pic.twitter.com/00JM18A8Uf
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 7, 2024
We lost 750,000 jobs in just two months. We only added part-time jobs and foreigners are getting them. Americans are losing jobs.
“The Biden administration has basically turned the U.S. labor market into a Temp Agency for foreign workers. American workers aren’t getting jobs – they’re losing them…” pic.twitter.com/4l9voc4pcw
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 11, 2024
You can comment on the article after the ads and subscribe to the Daily Newsletter here if you would like a quick view of the articles of the day and any late news:
If you think the employment situation is bad just look at the empty stores in your area. We are facing a deep recession. The banks are in the worst shape since the sub prime crisis because of real estate, bad credit card debt, bad auto loans, risky investments. Worse we see the government destroying small business owners. On top of that the government is adding a trillion dollars of debt every three months. People are too stupid to realize this is debt that will never be paid back.
The government will there for inflate the economy forever destroying social and economic mobility. This caused the French, Russian revolutions and brought Hitler to power. It destroyed Argentina, once so rich it actually had Britain’s Harrad’s there.
We are becoming Greece, Mexico or Italy. This is by design.
No matter how hard I try to get through to people, including my some of my own family, friends and neighbors, with information like this, they still don’t get it.
Sad eh!!!