National Data | February Job Growth Poor, Immigrants Grab Most—And Wage Growth Still Weak. NOT Time To Increase Immigration, President Trump!
Edwin S. Rubenstein
VDare.com
March 11, 2019
Clunk. Clunk. You heard it right. This is the sound made by the February jobs report—almost a crash landing. The meager payroll survey bump, up by just 20,000 jobs, blindsided the Main Stream Media talking heads. Was it a slowing economy? A shortage of available workers? A fluke?
“This is a disappointing report,” Carl Tannenbaum, chief economist of Northern Trust in Chicago, is quoted as saying. “I don’t think there’s any way to sugarcoat it. It’s a signal we need to be cautious with the U.S. economic outlook.” [The Jobs Report Was the Weakest in Months. Here’s Why, by Patricia Cohen, NYT, March 8, 2019]
Of course, President Trump finds this another “not to worry” moment, tweeting a quote from Fox News’s Stuart Varney: “This is as good a time as I can remember to be an American Worker. We have the strongest economy in the world.”
“This is as good a time as I can remember to be an American Worker. We have the strongest economy in the world.” Stuart Varney @foxandfriends So true!
— Donald J. Trump (@realDonaldTrump) March 8, 2019
Hmm. Trump is half right. We do have the strongest economy in the world. But native-born Americans are not the beneficiaries—not in February anyway.
The Household Survey is our sole source of job data by immigration status of workers. The February survey found 255,000 jobs were created, 12.8-times the anemic job growth reported in the Payroll Survey. Our analysis of the February survey finds that immigrants gained jobs bigtime, while Native-born Americans lost them.
The Rest…HERE
