For much of the past 4 years we dutifully reported, month after month, how the US labor market under the Biden administration "grew" almost entirely on the back of "foreign-born" workers, who - as we also first revealed and eventually was widely accepted - were primarily illegal aliens:
Wall Street Admits The Biggest Economic Shocker: All Jobs In The Past Year Have Gone To Illegal Aliens: June, 2024
More importantly, as we predicted at the start of 2024...
We bring this up because deep inside today's jobs report we got the best news yet: after literally flatlining in late 2019, having plunged during covid and barely recovering to its pre-covid levels, the number of native born workers is now back to its all time high, 132.228 million.
That's because in April, the number of native-born workers surged by just over 1 million, from 131.186 million to 132.228 million. Meanwhile, the number of foreign-born workers - who as we explained previously were mostly undocumented, or illegal, aliens - dropped by 410K from a record 32.225 million.
Or, as so many people have already said, this is what a majority of Americans voted for.
Actually, they voted for something else too: after hitting a record high in December, the last month of Biden's admin, the number of Federal government employees has declined for 4 consecutive months to the lowest level in over a year. Thank you DOGE.
So while there has been pain, and there will be a lot more pain, America is finally returning to some semblance of a long-term viable trendline.
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