Staggering figures have revealed that over 1.2million US-born workers lost their jobs last month while the foreign-born workforce increased by 668,000 - as migrants continue to flood across the border under the Biden administration
The increase in foreign-born people working in the US this summer, 668,000, is the highest July-to-August jump in the last 10 years.
What the figures suggest is there has been nearly a net-zero increase in native-born jobs created since the Covid economic crash. The job market is only just about reaching the highs seen in October 2019, where employment was 131.72million.
Trends also seem to show that under Donald Trump, there were less foreign-born people working in the US month-on-month, the Bureau's data shows.
Comparing figures from the first three years of each of their tenures, the Republican president's foreign-born workforce expanded by 752,000 between August 2017 to 2019.
By contrast, Democrat Biden's figure from August 2021 to 2023 was 3.943million.
The downshift marks 'a clear cooling of the labor market,' former Boston Fed President Eric Rosengren said. 'If it continues we are likely at the peak of the interest rate cycle.