November 16, 2022, 07:03 PM
October’s jobs report was even more disastrous than September’s, which we described as “Armageddon.”
The unreported fact is that immigrants took ALL October’s new jobs — and more
Immigrants (legal and illegal) gained 15,000 jobs, a 0.05% gain from September.
Native-born Americans lost 343,000 positions, a 0.26% decline.
Thus, the New VDARE American Worker Displacement Index (NVDAWDI), our name for the ratio of the immigrant to native-born American employment growth indexes since January 2009, rose to a record 126.5 in October, up from the previous record (126.1) just set in September.
Despite 1.008 million immigrants reported as unemployed in October, the foreign-born working-age population expanded by 2.459 million, year-over-year. This was the largest year-over-year rise since we began tracking the foreign-born working-age population in January 2009
Another displacement metric — the immigrant share of total employment — hit a record 18.506% in October, the highest since we started tracking employment by nativity in January 2009. In June of this year 17.847% of jobs were held by immigrants.
For more commentary on National Data from October by VDARE Editor Peter Brimelow, click here.
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