Recent Bureau of Labor Statistics (BLS) data reveals a stark reality: more than 800,000 native-born Americans are out of work compared to last year, while foreign-born employment has risen by approximately 1.2 million. This disparity points to a troubling trend under the Biden-Harris administration, where policies seem to prioritize migrants over American workers.
While the administration celebrates the addition of 254,000 new nonfarm payroll jobs in September, it’s essential to examine who is benefiting from this growth. The slight increase of about 920,000 native workers from August to September does not mitigate the significant year-over-year job losses.
In their response to the September jobs report, the Biden-Harris administration proclaimed, “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 citizens are questioning the accuracy of these claims in light of rising inflation.
Since the beginning of 2021, real wages have declined by 1.3%, primarily due to an inflation rate that has increased by over 20%. These rising costs are taking a toll on American households, straining their budgets and overall financial well-being.
In response to escalating inflation, the Federal Reserve has raised interest rates to their highest levels in 23 years. This move aims to stabilize the economy but has inadvertently placed additional financial burdens on many Americans, leading to increased rates of credit card delinquencies.
As the administration continues to pursue policies that favor cheap labor and migrants, the challenges facing native-born Americans in the job market remain pressing. The growing divide in employment opportunities raises serious concerns about the administration’s commitment to prioritizing the needs of American citizens.