since July 2018, the US labor force has added 4.6 million foreign-born workers, while the number of native-born workers has declined by nearly 700K
the only job growth in the US in the past 6 years has been for foreigners, is clearly the result of Biden's policies --ZeroHedge
99.2% of new jobs last month went to foreign-born workers 🤯https://t.co/a90g7RIaaw
— Peter St Onge, Ph.D. (@profstonge) February 7, 2025
The article is titled, "Lost In Today's Job Revision Chaos: Over 1 Million Foreign-Born Workers Found A Job... And No Native Borns."
Earlier today, the BLS confirmed what we previewed last night (see "Tomorrow's Jobs Report Will Finally Capture The Surge In Illegal Aliens, Lead To Another Big Negative Payrolls Revision"), and admitted what we had been saying for much of the past 3 years -that most of the job gains in the past few years, and especially 2024, were a mirage, and following the dramatic August 2024 preliminary data revision which vaporized 818K jobs (which had never existed in the first place)
. . .
And the reason why it won't be a problem is simple: while it won't get much discussion today, the biggest reason behind today's solid increase in the number of employed workers is the same one we have been pounding the table on since 2023. It's all foreign workers, and - as we explained recently - it is mostly all illegal aliens.
That's right, the BLS reported that in January, over a million, or 1,045,000 to be precise, foreign-born workers found a job (and as Standard Chartered explained lst June, this is largely illegal or "undocumented" aliens) compared to only 8,000 native-born workers!
This means that while we just hit another month of record foreign-born (largely illegal alien) workers, at 31.774 million, the number of native-born workers remains unchanged over the past six years, still below levels last hit in 2019, just before the covid crisis.
This also means that since July 2018, the US labor force has added 4.6 million foreign-born workers, while the number of native-born workers has declined by nearly 700K.
And while this (not really) shocking increase in foreign workers, which really is just the latest in a long series of monthly reports confirming that the only job growth in the US in the past 6 years has been for foreigners, is clearly the result of Biden's policies, we would recommend that president Trump do something to urgently if not immediately address this critical topic... a topic which one year ago we correctly predicted would win Trump the 2024 election - and which if left as is, will promptly lead to the transformation of the current euphoria in Trump's presidency, with disappointment.
