In May, 414,000 immigrants gained a job. Meanwhile, 663,000 native-born Americans LOST their job.
Since pre-COVID, native-born workers have lost about 2 million jobs. All of the new job gains went to immigrants.
Shocking Chart:
The BLS doesn’t make the determination for illegal or legal immigration for the above chart. From the BLS website:
It’s just the U.S. Government sticking it to its own citizens as usual.
All the best,
Christian DeHaemer
I always read Mish on the jobs numbers: https://mishtalk.com/economics/another-bizarro-jobs-report-payrolls-rise-272000-employment-drop-408000/
My latest article: https://www.outsiderclub.com/the-way-to-own-bitcoin-in-your-ira/
Chainsaw Milei at it again: https://reason.com/2024/06/06/argentinas-milei-to-cut-50000-state-jobs-amid-legislative-challenges/
