The U.S. job market is changing fast as more foreign workers enter the country.
This shift is making it harder for Americans without advanced skills to start their careers.
More foreign workers mean fewer jobs and lower pay for many Americans, especially those just entering the workforce.
This trend is raising red flags about the future of American workers and our economy.
Key Facts
– Since late 2020, over 9 million immigrants have come to the U.S.
– About 1 in 4 workers in America today is foreign-born.
– In the past year, native-born Americans lost 1.2 million jobs, while foreign-born workers gained 1.3 million.
– The flood of foreign workers is keeping wages low, especially for entry-level jobs.
Key Quotes
E.J. Antoni, an economist at the Heritage Foundation, explains: “If you increase supply, you put downward pressure on price. What’s the price in the labor market? We just call that wages.”
Antoni also warns: “You’re effectively telling a lot of young Americans it’s not worth it to start your career right now.”
TRUMP: KAMALANOMICS IS KILLING THE AMERICAN ECONOMY
“The new Jobs Report shows Employment among Native-born American Workers fell by 1.21 Million in the past 12 months, while Employment for Foreign born Workers, mostly Illegals, SKYROCKETED by 1.27 Million.”
Source: Truth… pic.twitter.com/Jo53WakV3f
— Mario Nawfal (@MarioNawfal) August 29, 2024
Why This Matters
This job market shift is a big deal for our economy and society. While foreign workers may fill some job openings, they’re also taking jobs from Americans and keeping wages down.
This could hurt young Americans’ futures.
If they can’t find good starter jobs or earn decent pay, they might give up on working altogether.
This could lead to more unemployment and bigger gaps between rich and poor.
It also makes us question if our current immigration rules are helping or hurting American workers.
TRENDING: Over 90 Business Leaders Publicly Endorse Kamala Harris on Economic Policy
The Bottom Line
The U.S. job market is changing because of a big increase in immigration, both legal and illegal.
This is making life harder for American workers, especially those without high-level skills.
They’re competing for fewer jobs that pay less.
This situation shows how immigration, jobs, and the economy are all connected.
As this keeps happening, we’ll likely see more debate about how to protect American workers while still meeting the needs of our economy.
This could lead to big changes in how we handle immigration and job markets in the future.