01/07/2005
Recently, VDARE.COM unveiled the VDARE.COM American Worker Displacement Index [VDAWDI], a measure of the displacement of American workers by immigrants.
Since the start of the Bush administration in January 2001, Hispanic employment — a good proxy for immigrant employment — has risen by 2.14 million, or 13.3 percent, while non-Hispanic employment is up by a mere 246,000, or 0.2 percent. The ratio of the two growth rates — VDAWDI — is 13.5/0.2 = an incredible 66.5.
This is far worse displacement than we last reported, reflecting historical revisions made to the household survey data. For details, see the Bureau Of Labor Statistics table here.
December’s numbers were also announced this morning. Employment rose by 157,000 in December according to the Labor Department’s Survey of Employers. This was far below Wall Street’s expectations, and far less than the job growth needed to reduce the unemployment rate or increase average real incomes. December’s Household Survey was even worse. (Click here for my explanation of how the difference between the two surveys reflects illegal immigration).
But the Hispanic unemployment rate declined to 6.6 percent in December from 6.7 percent the prior month. Unemployment rates for Whites, Blacks, and Asians were unchanged.
This is a content archive of VDARE.com, which Letitia James forced off of the Internet using lawfare.