Bidenomics: Screw Individuals in any respect prices.
The March jobs report launched this week reveals one big drawback with Biden’s economic system: Many of the jobs went to foreign-born employees – together with unlawful aliens.
The media this week boasted in regards to the March jobs report after nonfarm payrolls elevated 300,000.
“Job creation in March simply topped expectations in an indication of continued acceleration for what has been a bustling and resilient labor market,” CNBC reported.
“Nonfarm payrolls elevated 303,000 for the month, nicely above the Dow Jones estimate for an increase of 200,000 and better than the downwardly revised 270,000 acquire in February, the Labor Division’s Bureau of Labor Statistics reported Friday.” the outlet reported.
There’s one huge drawback: Native-born Individuals are being frozen out of the workforce. Overseas-born employees – together with illegals – received the vast majority of the March jobs.
Moreover, the 300,000 nonfarm payrolls added in March are all part-time!
It’s all smoke and mirrors.
However who’s getting these jobs? It is not native-born Individuals, however foreigner employees – the previous misplaced 651k jobs over the past 12 months, whereas employment of foreigners rose by 1.3 million: pic.twitter.com/WSdkOdghT6
— E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024
The added jobs are all part-time.
The headline numbers as soon as once more look good w/ over 300k payrolls added and the employment quantity from the family survey rising even quicker, however what sorts of jobs are being created? Seems they’re all part-time: pic.twitter.com/jHarJFE3hF
— E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024
Many Individuals are working a number of jobs to make ends meet.
Folks with a number of jobs are counted greater than as soon as within the nonfarm payrolls!
Variety of folks w/ a number of jobs jumped once more in Mar however do not forget that this determine solely will increase when somebody will get a 2nd job; in case you’re already working 2 gigs and decide up a third, you are not counted once more – a minimum of not right here; however you ARE counted once more within the nonfarm payrolls… pic.twitter.com/tsqSCkzHFc
— E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024
Native-born Individuals have made no progress in 4 years! All the roles are going to foreigners.
And once more, that is the continuation of a development the place Individuals have been fully left behind on this economic system; foreign-born employment will not be solely a number of million above its pre-pandemic degree however is even above its pre-pandemic development, whereas native-born Individuals have made no… pic.twitter.com/DWbjkIvZec
— E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024
As beforehand reported, per the Middle for Immigration Research: All employment progress has gone to the foreign-born. 183,000 fewer U.S.-born Individuals are working than in 2019, earlier than Covid. But, the variety of immigrants (authorized and unlawful) working is up 2.9 million over 2019.
All employment progress has gone to the foreign-born. 183,000 fewer U.S.-born Individuals are working than in 2019, earlier than Covid. But, the variety of immigrants (authorized and unlawful) working is up 2.9 million over 2019. pic.twitter.com/qVTbLptXw6
— Middle for Immigration Research (@CIS_org) February 13, 2024
Final 12 months it was reported month after month that foreign-born employees had been taking all the roles whereas native born-Individuals misplaced their jobs.
1.2 million native-born Individuals misplaced their jobs in August.
771,000 foreign-born employees changed them.
Tens of millions of military-age males have invaded the US since Joe Biden was put in in January 2021.
Not solely are the unlawful aliens costing the US billions of {dollars} per 12 months, they’re taking jobs and given entry to healthcare.
