President Biden's Job Growth: Who Really Benefits?

Bullet Point Summary:

President Biden claimed in April that the U.S. has “the best economy in the world” with a “historically strong” job market.
It is reported that most of the job growth since the pandemic has gone to immigrants, both legal and illegal​

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The government’s household survey shows only 971,000 more U.S.-born Americans employed in May 2024 compared to May 2019, while the number of employed immigrants increased by 3.2 million​
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Despite claims of job creation, labor force participation for U.S.-born men remains historically low​
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The May jobs report showed the U.S. added 272K payrolls, yet the unemployment rate increased to 4.0%​
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Federal Reserve Chair Jerome Powell suggested that the jobs data might be overstated​
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The increase in payrolls includes multiple job holders, meaning actual employment numbers may be lower​
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Since the start of the Biden administration, there has been a significant increase in part-time jobs, with a loss of full-time positions​

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Additional Info:

Biden's claims about a strong job market contrast with the reality of significant job growth among foreign-born workers and stagnant numbers for U.S.-born workers​

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The divergence between the Establishment Survey (which counts payrolls) and the Household Survey (which counts actual employed workers) has resulted in a gap of 9 million, the largest on record​
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The labor force participation rate among U.S.-born men without a bachelor's degree has dramatically declined since the 1960s​
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Critics argue that the administration’s focus on immigration neglects the millions of U.S.-born workers who remain out of the labor force​
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