Data produced by the U.S. Congressional Budget Office (CBO)—and based on census numbers—is shedding more light on claims that a bulk of American job growth under the Biden–Harris government hasn’t gone to or benefited native-born Americans at all. The CBO numbers reveal that labor force participation among foreign-born residents has hit nearly 70 percent. Meanwhile, the rate among native-born Americans remains below pre-COVID-19 pandemic levels.
While foreigners are becoming a larger share of the U.S. labor force, they’re also more likely than native-born American workers to lack a high school diploma. Additionally, the unemployment rate among immigrants remains almost double that of native workers. The CBO estimates support concerns that the U.S. economy is becoming increasingly overreliant on cheap imported labor, comprising an increasing share of the country’s lower economic class.
The open borders policies of the Biden–Harris government have fundamentally altered the U.S. labor market and the economy overall. Legal and illegal immigrants have become a source of cheap labor for countless American corporations. At the same time, Democratic Party leaders hope the relatively poor constituency will become a natural base for their candidate.
Most recent immigrants have come from Central America, South America, or the Caribbean. Just over 14 percent of immigrants come from Venezuela, while nearly 13 percent come from Mexico. However, the number of immigrants from Asia and Africa is also growing compared to years past. […]
— Read More: thenationalpulse.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
Important: Our sponsors at Jase are now offering emergency preparedness subscription medications on top of the long-term storage antibiotics they offer. Use promo code “Rucker10” at checkout!