Sep 16, 2024, 5:00 AM
Sep 15, 2024, 9:52 AM

foreign-born workers surge as native hiring declines in the U.S

Highlights
  • The U.S. has seen a dramatic increase in both legal and illegal immigration, impacting the labor market.
  • From August 2023 to August 2024, foreign-born workers increased by 1.24 million, while American-born workers decreased by 1.32 million.
  • The trend indicates a significant shift in employment dynamics, with foreign-born workers filling roles as native hiring declines.
Story

The U.S. labor market has experienced significant changes due to a dramatic increase in immigration, both legal and illegal, over recent years. Since the end of 2019, the employment levels of American-born and foreign-born workers have diverged, with foreign-born employment rising sharply. According to the Bureau of Labor Statistics, from August 2023 to August 2024, the number of foreign-born workers surged by 1.24 million, while the number of American-born workers declined by 1.32 million during the same period. The decline in American-born employment has disproportionately affected males. In the 12 months leading up to August, American-born male workers saw a reduction of 1.15 million jobs, while American-born female workers experienced a smaller decline of 165,000 jobs. This trend highlights a significant shift in the labor market dynamics, with foreign-born males gaining 695,000 jobs and foreign-born females adding 546,000 jobs. The influx of foreign-born workers is reshaping the workforce landscape, raising questions about the implications for native workers and the overall economy. As the gap between foreign-born and American-born employment widens, it suggests a potential shift in labor demand and supply, which could influence wage levels and job availability for native workers. In conclusion, the changing demographics of the U.S. labor market reflect broader trends in immigration and employment. The growing presence of foreign-born workers may provide necessary labor for various sectors, but it also poses challenges for American-born workers, particularly males, who are facing significant job losses.

Opinions

You've reached the end