Venango County Tea Party Patriots

A non-partisan, non-profit, non-member, association dedicated to educating the public and promoting the principles of fiscal responsibility, constitutionally limited government and free market economics, and all other lawful activities.

job growth

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US Job Growth Greatest for Foreign-born Workers

Under President Barack Obama, according to Bureau of Labor Statistics data released today, the increase in the number of foreign-born people employed in the United States has been 52 percent greater than the increase in the number of native-born people employed.

In January 2009, when President Barack Obama first took office, says the BLS, there were 21,375,000 foreign-born people employed in the United States. In August 2013, there were 23,833,000 foreign-born workers employed in the United States. That means that since Obama took office the number of foreign-born people holding jobs inside the United States has increased by 2,458,000.

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Does Obama Have a Job Growth Streak?

Today, President Obama’s re-election campaign is pushing the fact that America has seen 26 consecutive months of tepid job growth. This is hardly an impressive figure. From September 2003 to December 2007, George W. Bush oversaw 52 consecutive months of job growth. Bill Clinton had his would-be streak of 86 consecutive months of job growth (April 1993 to May 2000) broken up by three small job-decline months (August 1997 saw a job loss of 18,000 jobs; January 1996 saw a job loss of 19,000 jobs; May 1995 saw a job loss of 16,000 jobs). Ronald Reagan and his successor, George H.W. Bush, would have had 82 consecutive months of job growth, except for one month in which America saw a decline of 93,000 jobs (June 1986).

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America At A Crossroads

America is at a crossroads. Today’s jobs report shows that two years into recovery the U.S. economy is still woefully underperforming, adding only 120,000 new jobs in March, about half the rate of job growth of the previous three months which were, themselves, somewhat disappointing for this stage of recovery.

Perhaps the most striking aspect of the jobs report is the extent to which the labor market was “little changed,” an impression the report returns to repeatedly. For example, the unemployment rate at 8.2 percent, still two full percentage points higher than the peak during the 2001 recession, was “little changed.” Other examples, with italics added:

  • The number of unemployed persons (12.7 million) was “little changed in March.”
  • “Among the major worker groups, the unemployment rate for adult men (7.6 percent), adult women (7.4 percent), teenagers (25.0 percent), whites (7.3 percent), blacks (14.0 percent), and Hispanics (10.3 percent) showed little or no change.”
  • “The number of long-term unemployed (those jobless for 27 weeks and over) was essentially unchanged at 5.3 million in March.”
  • “The civilian labor force participation rate (63.8 percent) and the employment-population ratio (58.5 percent) were little changed in March.”
  • “In March, 2.4 million persons were marginally attached to the labor force, essentially unchanged from a year earlier.”
  • “Among the marginally attached, there were 865,000 discouraged workers in March, about the same as a year earlier.”

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