02/21/2024 / By Ava Grace
A study from the Center for Immigration Studies (CIS) has found that the “job recovery” following the Wuhan coronavirus (COVID-19) pandemic touted by President Joe Biden is driven almost entirely by migrant labor.
The Feb. 13 study noted that the entry of foreign-born workers into the U.S. labor force is responsible for Biden’s “job recovery.” It pointed out that the 2.7 million “additional” individuals joining the workforce in the fourth quarter (Q4) of 2023 was only made possible due to an increase in 2.9 million immigrant jobs – both legal and illegal – and a reduction of 183,000 native-born American jobs.
It also mentioned that the 77 percent overall labor force participation rate of all U.S.-born adults aged between 18 to 64 in Q4 2023 matches the 2019 pre-pandemic participation rate. However, this is still markedly lower than the prior peaks of 78.1 percent in 2006 and 79.2 percent in 2000.
According to the paper, the number of U.S.-born workers entering the labor market has yet to return to pre-pandemic levels since the economic recovery began in late 2020. Despite the sluggish job recovery among native workers, the U.S. experienced a hot job market mainly driven by a flood of cheap, foreign labor, the CIS study shows. Immigrant labor recovery has far outpaced native-born recovery when comparing fourth-quarter numbers at the end of each year since 2020. (Related: Job APOCALYPSE continues: Layoffs announced at Walmart’s drone delivery partner.)
The National Pulse previously said the influx of immigrants both legal and illegal has likely had a “cooling” effect on inflation by depressing wages across the country. The downward wage pressure creates a degree of “demand destruction” – and declining demand should correlate to falling prices.
While cheap migrant labor lowers inflation numbers, it also depresses the wages of American workers. Inflation ticked up slightly in December, but the overall trend has shown prices falling for the most part as the demand for labor is easing and wages drop.
“Competing with cheap, immigrant labor can be difficult for native-born Americans regardless of whether the job is blue-collar or white-collar,” the Pulse pointed out. “A look at salaries for H1B visa holders working in technology versus the industry average shows a significant difference in compensation, with the gap sometimes being ten thousand dollars or more.”
Meanwhile, Yahoo Finance said the number of foreign-born workers in December 2023 were almost 10 percent higher than before the pandemic. It added that 20 percent of the U.S. labor force in December 2020 was comprised of immigrant workers. According to the outlet, the increase in foreign-born workers has also driven down the wages of American workers – and arguably decreased their quality of life.
The influx of immigrants also means an increase in consumers. This translates to an increase in demand for products and, in turn, higher prices. While finance industry experts cited by Yahoo Finance fail to mention this problem, they also lament the potential negative economic impact of non-productive immigrants “such as elderly relatives, stay-at-home mothers, and students.”
Moreover, this influx of immigrant labor has also likely fueled negative perceptions about the economy for groups of native-born Americans being displaced in the job market. CNN commentator and former Obama administration advisor Van Jones blasted Biden for this. He claimed that the incumbent president, who espouses an “open borders policy,” has only made “crappy” jobs available to the Black community.
Watch Anna Perez discuss why the Democratic Biden administration hates American sovereignty through its open borders policy below.
This video is from the Leona Wind channel on Brighteon.com.
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american workers, big government, Center for Immigration Studies, economic recovery, economic riot, finance riot, foreign-born laborers, illegal immigration, Immigration, inflation, job market, job recovery, Joe Biden, labor market, migrant labor, migrant laborers, native-born workers, Open Borders, post-pandemic, Wages
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