Data produced by the U.S. Congressional Budget Office (CBO)—and based on census numbers—is shedding more light on claims that a bulk of American job growth under the Biden–Harris government hasn’t gone to or benefited native-born Americans at all. The CBO numbers reveal that labor force participation among foreign-born residents has hit nearly 70 percent. Meanwhile, the rate among native-born Americans remains below pre-COVID-19 pandemic levels.
While foreigners are becoming a larger share of the U.S. labor force, they’re also more likely than native-born American workers to lack a high school diploma. Additionally, the unemployment rate among immigrants remains almost double that of native workers. The CBO estimates support concerns that the U.S. economy is becoming increasingly overreliant on cheap imported labor, comprising an increasing share of the country’s lower economic class.
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The Importance of Prayer: How a Christian Gold Company Stands Out by Defending Americans’ Retirement
The open borders policies of the Biden–Harris government have fundamentally altered the U.S. labor market and the economy overall. Legal and illegal immigrants have become a source of cheap labor for countless American corporations. At the same time, Democratic Party leaders hope the relatively poor constituency will become a natural base for their candidate.
Most recent immigrants have come from Central America, South America, or the Caribbean. Just over 14 percent of immigrants come from Venezuela, while nearly 13 percent come from Mexico. However, the number of immigrants from Asia and Africa is also growing compared to years past. […]
— Read More: thenationalpulse.com
