Showing posts with label Jobs 2024. Show all posts
Showing posts with label Jobs 2024. Show all posts

Friday, April 5, 2024

Foreign born employment in the US has grown by just 2.4 million on average from 2019 to 2023, and we're supposed to believe with Jay Powell that 10 million illegals flooding into the country are working

 Who appointed this joker anyhow?




Fed Chair Jerome Powell Comedy Hour: All those hordes of illegals coming across the border the last two years have been filling the jobs employers couldn't fill, making the economy grow 3%

 The laughs are here:

Fed Chair Jerome Powell: Immigration The Reason Why The Economy Grew 3% In A Year, "We've Needed More People":

Our economy has been short labor and probably still is if you talk to and we do talk to a lot of business people, it is still difficult to hire for many, many companies. So we've needed more people. But what happened over the course of last year is to a much greater extent than had been thought. Immigration moved up quite a bit over the last two years.     

 Meanwhile, full time as a percentage of civilian population DROPPED year over year in the first quarter, according to the employment numbers out today, from 49.7% in 1Q2023 to 49.2% in 1Q2024.