US Born Employment is Down By Over 1 Million Since 2020 - News Summed Up

US Born Employment is Down By Over 1 Million Since 2020


US and Foreign Born Employment Data from the BLS chart by MishSince the data is not seasonally adjusted, it’s important to compare numbers to the same month a year ago. Change Since February 2020Employment Level: +2,298,000US Born Employment: -1,007,000Foreign Born Employment: +3,305,000Foreign Born DefinitionThose born outside the United States (or one of its outlying areas such as Puerto Rico or Guam), and neither parent was a U.S. citizen. The foreign born include legally-admitted immigrants, refugees, temporary residents such as students and temporary workers, and undocumented immigrants. — Mike “Mish” Shedlock (@MishGEA) March 9, 2024Nonfarm Payrolls and Employment LevelsPayrolls and employment data from the BLS, chart by MishPayrolls vs Employment Gains Since March 2022Nonfarm Payrolls: 6,438,000Employment Level: +2,797,000Full Time Employment: +439,000In the last 23 months, the economy added 6.4 million jobs, but full time employment only rose by 439,000. For more discussion of the above chart, please see Huge Percentage of Job Gains are Related to Taking Care of Immigrants


Source: Washington Post March 10, 2024 01:59 UTC



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