Wall Street Admits All New Jobs in Past Year Went to Illegals, Not Americans

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Wall Street Admits All New Jobs in Past Year Went to Illegals, Not Americans

Over the past year, we’ve heard the Biden Administration brag about how many “new jobs” it was supposedly created; the only problem is those positions did not benefit Americans.

Since July 2018, there has been no increase in employment for native-born workers in the U.S., according to data from Wall Street.

In other words, Biden’s so-called “economic recovery” is a total lie.

Illegal Aliens were allowed to take the very new jobs that came down the pike due to strategically implemented immigration loopholes.

Then, the Biden administration used this to gaslight the American people, claiming the economy was “booming.”

It wasn’t.

Natural News reports: Over the past six years, there has actually been a net decrease in jobs among native-born U.S. workers. As foreign-born workers gained three million jobs, 1.4 million native-born jobs disappeared.

Steve Englander, Standard Chartered’s global head of macroeconomics, wrote an article recently that estimates “undocumented immigrants account for half of job growth in FY24 so far,” this being a conservative underestimate. Most of the illegals who took these jobs are “asylum seekers and humanitarian parolees,” Englander says.

“… the continued rise in EAD approvals likely will extend strong employment growth in 2024,” Englander adds, this again referring to strong employment growth for illegals rather than native-born workers and citizens.

Because illegals tend to work for far less money than natives, large multinational corporations governed by greedy, overpaid executives are eager to hire on as many of them as they can get away with while leaving actual Americans stranded and in the dark.

With Election Day just a few months away, we are likely to start hearing all kinds of deceptive rhetoric about how the American economy is “strong,” but do not be fooled. America’s younger generations are increasingly having to live like paupers while the rich make out like bandits.

“Detailed data from U.S. Customs and Border Protection (CBP) and U.S. Citizenship and Immigration Services (USCIS) suggest that half of non-farm payroll (NFP) growth to date for FY24 (started 1 October 2023) has been from undocumented immigrants who have received an Employment Authorization Document (EAD),” Englander revealed.

The Biden regime is sure to spin the numbers as much as it can get away with to create an illusion of economic vibrance, but will it actually work? The answer this time is probably not, but we will see what happens.

READ: Alex Jones Agrees to Liquidate Personal Assets, Ending His Ownership of InfoWars

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