Native-born American employment remains 716,000 below pre-pandemic levels as President Joe Biden leaves office, while foreign-born job numbers have soared since December 2019, Federal Reserve data shows.
Federal Reserve Economic Data (FRED) reports a tepid recovery among native-born workers despite the Biden administration adding millions of new jobs since the COVID-19 recovery began. The total workforce has grown to record levels since December 2019, with gains driven by significant increases in foreign-born employment, according to FRED graphs.
“There are 716k fewer native-born Americans working today than pre-pandemic, w/ all net job growth since Dec ’19 going to foreign-born workers; the latter cohort has been back at its pre-pandemic growth trend for 2 years,” E.J. Antoni, a Heritage Foundation economist, wrote Friday.
There are 716k fewer native-born Americans working…