In a swift and decisive shift, President Donald Trump has managed to reverse a concerning trend that had gained momentum under Joe Biden's administration.
This trend saw the majority of new jobs being filled by foreign-born workers who had recently arrived in the United States. However, recent data from the Bureau of Labor Statistics (BLS) indicates a significant change: since Trump assumed office in late January, all net job growth has been directed towards native-born Americans.
As reported by Breitbart, the Council of Economic Advisers Chair, Steve Miran, highlighted the success of the current administration in job creation. "The President is succeeding in creating hundreds of thousands of jobs since he came into office more than half a million jobs since he came into office and theyre all going to native-born Americans," Miran stated.
This marks a stark contrast to the previous year under Biden, where nearly 1.4 million more native-born Americans are now employed compared to May of last year.
The BLS data further reveals a notable decline in the foreign-born workforce, with approximately one million foreign-born workers exiting the U.S. labor market from March to May this year. The Wall Street Journal notes that this represents "the biggest two-month decline in the foreign-born labor force since the early days of the pandemic," suggesting that unauthorized workers are increasingly leaving the workforce.
This shift coincides with President Trump's stringent immigration policies, which have also been linked to rising wages, reminiscent of his first term. In May, wages in the United States increased by 0.4 percent, bringing the average hourly pay to $36.24.
In contrast, Biden's economic policies led to an influx of foreign-born workers, which expanded the labor supply, suppressed wages, and resulted in nearly all net job growth being allocated to newly arrived migrants from the southern border.
Under Biden's leadership, migrants secured over 4.7 million jobs, while native-born Americans saw a modest increase of just 645,000 jobs, according to research from the Center for Immigration Studies. This translates to Bidenomics creating 7.3 jobs for migrants for every job gained by an American.
Despite these positive developments, the Trump administration still faces challenges in fully reversing the economic trends that favored migrants. Heritage Foundation economist E.J. Antoni pointed out that "jobs for foreign-born workers have long been back to their pre-pandemic trend and are up 3.9 million from 6 years ago, while native-born American employment is up just 2.3 million and is still many millions more below its pre-pandemic trend; long way to go to fix the labor market," Antoni wrote on X.
The road ahead remains challenging, but the current trajectory offers hope for a more balanced labor market.
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