Something very strange is going on in America’s labor market. The employer’s survey in the June jobs report showed 272,000 jobs gained in May, and nearly 2.8 million jobs over the past year. These are both amazing figures given that the economy is at full employment.
While the employer’s survey is surely fine, the household survey, also produced by the Bureau of Labor Statistics (BLS), tells a strikingly different story, almost as though the country had two different labor markets.
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The House Budget Committee released a report Friday that found more than half of all new jobs are going to immigrants, including those in the country illegally.
The report comes after the Labor Department released its jobs report for May, which saw a small decrease in labor participation, which shrank from 62.7% in April to 62.5% in May, and the unemployment rate ticking up slightly from 3.9% in April to 4% in May. Immigrants have filled 840,000 new jobs since November, according to the Washington Times.
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Some 8 to 10 million illegal aliens from all over the world, as expected, have flooded across the border since Joe Biden took office.
A demagogic candidate Biden, remember, in 2019 invited those massing at the southern border to “surge” into the United States without specifying they first needed legal sanction: “We immediately surge to the border all those seeking asylum.”
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