Saturday, July 3, 2010

Between June 2009 - June 2010, foreign-born employment rose by 754,000, or 3.5% while natives lost 1,697,000 positions — a drop of 1.4%

In the same time period, immigrant unemployment rate fell by 1.0 point, to 8.7% while native unemployment rose 0.1 point, to 9.8%. The immigrant labor force grew by 2.3% while the native labor force shrank 1.3% - a sign of discouragement. While (seasonally unadjusted) foreign-born employment rose 416,000, or nearly 2%, native-born employment declined by 30,000 in June 2010. Native unemployment rose by 0.3 points, while foreign-born unemployment was up by 0.1 point. Overarching everything is the burgeoning population gap between these groups. Over the past year the foreign-born population of working age rose 2.5% — more than four-times the 0.6% rate for natives.

Related:

7.9 million jobs lost - many forever

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