Data from the Bureau of Labor Statistics (BLS) reveals a troubling trend for native-born Americans: over 800,000 fewer are employed compared to last year. This significant drop occurs even as foreign-born workers experience job growth, with approximately 1.2 million additional positions filled in the same period.
While overall job growth in the U.S. appears strong, with 254,000 nonfarm payroll jobs added in September—surpassing economist expectations of 150,000—the g-[o[\o0=ins are not benefiting native workers. Despite an upward fluctuation of about 920,000 native workers employed in September compared to August, the year-over-year comparison remains stark.
The Biden-Harris administration hailed the September jobs report as a victory, stating, “Today, we received good news for American workers and families. With today’s report, we’ve created 16 million jobs, unemployment remains low, and wages are growing faster than prices.” However, many are questioning who is truly benefiting from these job gains.
Real wages have declined by 1.3% since early 2021, primarily due to Biden-era inflation that has raised prices by over 20%. This inflation surge, which climbed from 1.4% at the end of former President Donald Trump’s term to around 9% in June 2022, has put a strain on American families.
In an effort to curb rising inflation, the Federal Reserve has increased interest rates to the highest levels seen in 23 years. This has further exacerbated financial difficulties for many Americans, pushing them into bankruptcy, with credit card delinquencies reaching their highest levels since 2012.
As the Biden-Harris administration continues to prioritize policies that favor foreign labor, the interests of native-born Americans appear to be sidelined, raising concerns about the future of the U.S. workforce.