Saturday, June 2, 2012

The May 2012 jobs report was worse than anyone had predicted: Only 69,000 jobs were created, making it the third successive month in which the U.S. economy failed to create enough jobs to absorb workers who lost jobs in the recession

The United States needs 100,000 new jobs just to absorb the monthly influx of working-age immigrants, not to mention thousands of additional workers admitted on various temporary work visas. In January 2009, native-born workers held 84.8% of all U.S. jobs. In May 2012, the native share slipped to 83.9% — a seemingly modest loss until you apply those percents to the 142 million plus individuals working in the United States. From January 2009 to May 2012, immigrant employment rose by 1.32 million, or 6.10%. Over the same period native-born employment fell by 1.25 million, or by 1.04%.

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