The Biden administration has come under fire for turning the U.S. labor market into a temporary employment agency for foreigners, leaving American workers behind. The administration’s own data reveal a troubling trend, yet the White House continues to tout selective numbers as signs of success.
The May job report from the Bureau of Labor Statistics (BLS) showed a headline number of 272,000 payrolls added, prompting praise from supporters of the Biden administration. However, this seemingly positive figure was overshadowed by other concerning statistics. Household reports indicated a significant drop in employment by over 400,000, with an additional 400,000 individuals leaving the labor force altogether. As a result, the unemployment rate rose to 4.0 percent, raising questions about the discrepancy between reported payrolls and actual employment numbers.
One explanation for this disparity is the growing trend of individuals taking on multiple jobs to make ends meet. Inflation has soared in recent years, creating a cost-of-living crisis that has forced many workers to seek additional sources of income. This phenomenon artificially inflates the number of payrolls without a corresponding increase in the number of people employed, skewing the overall employment data.
Moreover, there are significant statistical issues with the BLS models used to estimate payrolls, leading to inaccuracies in the reported figures. Recent census data for 2023 revealed that approximately one quarter of the jobs supposedly added last year never existed, highlighting the flaws in the current methodology. These statistical problems, along with the double counting of multiple job holders, have contributed to the ongoing discrepancy between rising payrolls and falling employment numbers.
While American workers are struggling to find stable employment, foreign-born workers have seen a significant increase in job opportunities. Over the past year, employment for foreign-born workers rose by 637,000, while native-born Americans experienced a decline of 299,000 jobs. This disparity has left American workers at a standstill, with fewer opportunities for economic advancement compared to their foreign counterparts.
Furthermore, the jobs being created in the current labor market are predominantly part-time positions, rather than full-time, stable employment. In May alone, the economy lost over 600,000 full-time jobs while adding part-time roles. This trend has persisted over the past 11 months, resulting in a net loss of 1.5 million full-time jobs. Many individuals who were previously employed full-time have been forced to take on multiple part-time jobs, exacerbating the double counting issue and masking the true extent of economic hardship.
The Biden administration’s open-border policies have played a significant role in exacerbating the challenges facing American workers. The influx of foreign workers, including illegal aliens, has further strained the labor market and contributed to the displacement of native-born workers. It is estimated that over half of the recent increase in payrolls can be attributed to foreign workers, highlighting the impact of immigration policies on job opportunities for American citizens.
In conclusion, the May jobs report underscores the failure of Bidenomics to prioritize the needs of American workers. As full-time jobs disappear and foreign-born workers dominate the part-time job market, the economic and social policies of the current administration seem to prioritize non-American workers over citizens. The labor market chaos and growing disparity in employment opportunities paint a bleak picture for American workers, highlighting the urgent need for policy changes to address these challenges.