AdvertisementThat means the strong job numbers of recent months have largely been due to immigrants , specifically foreign-born workers, entering the workforce in large numbers.
“Foreign-born labor force participants have accounted for all of the job growth over the last year,” Bill Adams, an economist at Comerica Bank, told The New York Times.
AdvertisementAdditionally, he said these job gains haven’t come at the expense of US-born workers either.
As of 2022, foreign-born workers were more likely than US-born workers to be in service, natural resources, construction, and maintenance jobs, according to the Bureau of Labor Statistics.
As of January, 65.7% of foreign-born workers were working or looking for work, compared to 61.4% of US-born workers.
Persons:
—, ” Bill Adams, Paul Krugman, “ They're, ”, Louis, Miguel Faria, Castro, Donald Trump
Organizations:
Service, Business, Comerica Bank, New York Times, Bureau of Labor Statistics, Immigrants, Congressional, Office, St, Louis Fed