The number of jobs for native-born Americans slid by 560,000 in February. Meanwhile, a record 1.2 million foreign-born workers were added to payrolls in February.

That data is according to the U.S. Bureau of Labor Statistics.

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The numbers follow a trend that dates back to June 2018 that has boosted employment for foreign-born workers by 3.8 million jobs, while jobs for native workers have declined by 1.8 million, according to Zero Hedge.

Holy. Shit.

I thought this was a typo…

In just February, 1.2 million immigrants (legal and illegal) gained a job. Meanwhile, 500k native-born Americans LOST their job.

Since Covid, native-born workers have actually LOST 2 million jobs. All of the net job gains are immigrants. pic.twitter.com/Rkg9viZsv9

— Geiger Capital (@Geiger_Capital) March 8, 2024

An analysis of the BLS data shows “in February, the number of native-born workers tumbled again, sliding by a massive 560K to just 129.807 million,” according to the news site. “Add to this the December data, and we get a near-record 2.4 million plunge in native-born workers in just the past 3 months (only the covid crash was worse)!”

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“The offset? A record 1.2 million foreign-born (read immigrants, both legal and illegal but mostly illegal) workers added in February!”

In the past month the Biden department of goalseeking stuff higher before revising it lower, has revised the following data sharply lower:

– Jobs
– JOLTS
– New Home sales
– Housing Starts and Permits
– Industrial Production
– PCE and core PCE

— zerohedge (@zerohedge) August 30, 2023

A chart depicting native versus foreign born workers shows jobs for both groups dropped sharply in 2020, and while jobs for native born workers are now at nearly the same place as 2018, jobs for foreign born workers have continued to rise at a much quicker pace.

Zero Hedge notes the accuracy of the BLS numbers are questionable, as the Biden administration has made a habit of posting inflated jobs numbers, only to quietly revise them downward a month later.

In January, BLS initially reported a massive 353,000 jobs gained, but revised that figure to 229,000, cutting 124,000 jobs in the biggest one-month negative revision in two years.

The news site reports, with emphasis in the original:

“Of course, that does not mean that this month’s jobs print won’t be revised lower: it will be, and not just that month but every other month until the November election because that’s the only tool left in the Biden admin’s box: pretend the economic and jobs are strong, then revise them sharply lower the next month, something we pointed out first last summer and which has not failed to disappoint once.

Zero Hedge isn’t the only site pointing out the problem.

“While last month’s job data quickly garnered hyperbolic terms like ‘blowout,’ a fairer word would be depressing for many Americans. Native-born employment was not only a whopping 5.5 million below its pre-pandemic trend but was even 121,000 below its pre-pandemic level, or 0.1%,” according to The Heritage Foundation, which promotes “public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.”

“Conversely, foreign-born employment was 2.8 million above its pre-pandemic level, or 10.3%, having returned to its pre-pandemic trend last year. It turns out all the job gains since the beginning of 2020 have gone to the foreign-born, while native-born Americans have actually lost jobs on net.”

The foundation’s analysis suggests the foreign versus native jobs are only one way the Biden administration is cooking the books on the economy, with part-time jobs, labor force participation, and inflation calculations also factoring in.

December and January combined to mark the biggest two-month decline in full-time employment since government lockdowns during the pandemic, forcing many to work two or three lower-paying part-time jobs that appear to show an increasing number of payrolls.

Meanwhile, there’s about 5 million fewer people in the labor force than before the pandemic, and by not counting them BLS data provides a much better unemployment rate than if they were included, Heritage reports.

“Adding those missing workers back into the labor force yields an unemployment rate over 6%. While not horrific, that percentage is common during recessions and shows that Americans are not faring as well as being portrayed,” according to the nonprofit.

The lack of job growth for Americans, coupled with inflation-adjusted weekly earnings that have declined 4.2% under Biden’s leadership, are major reasons why a majority disapprove of the president’s handling of the economy, Heritage argues.

An FT-Michigan Ross poll conducted Feb. 29 to March 4 shows inflation and housing costs are top economic issues for voters. While BLS data estimates rental rates are up 20% in the last 3 years – the data used to gauge price increases – the Federal Reserve Bank of Atlanta’s real world housing data shows the cost of homeownership is up 76.5% over that same time.

And as the costs continue to rise, illegal immigrants are pouring across the southern border at twice the rate prior to the pandemic, with a staggering 3.2 million encounters in 2023 and an all-time monthly high of 249,785 in December, according to The Associated Press.

Heritage put the bigger picture into perspective.

“It is surprisingly easy to square the circle of good economic headlines and lousy polling on the economy: The benefits of ‘Bidenomics’ go to a few, and Americans as a whole come last.”