The latest disappointing jobs report showing slack jobs growth and a massive decrease in the labor force participation rate also unveiled a startling statistic: since December 2007, the U.S. has added three times as many jobs for foreign-born workers than for native-born workers.
While we “know” that a paltry 142K jobs were added according to the Establishment survey, a far more disturbing trend emerges when observing the Household survey, which conveniently breakdown down the number of “native-born” and “foreign-born” workers. In September, the latter rose by 14,000 to 24,928.
That was the good news. The bad news: native-born workers saw their ranks tumble by 262,000!
More disturbing, as the following chart shows, after briefly topping their December 2007 level, native-born jobs (blue line below) are now in danger of once again going back into the red. In the meantime, foreign-born workers are steadily increasing (and helping populate all those “part-time” jobs)
Finally, this is what the native-vs-foreign born discrepancy looks like since December 2007: in the past 8 years, there has been 300% more foreign-born workers added than native-born.
Prepare to hear much more about this statistics in the coming GOP presidential debates.
