The United States has accepted two new immigrants for each additional job created since 2000, according to federal data.
The data shows that 18 million legal and illegal immigrants settled in the United States from 2000 to 2015, while only 9.3 million additional jobs were created, according to the Center for Immigration Studies, which favors a reduced level of immigration.
After subtracting deaths, departures and retirements among the immigrants, the working-age population of immigrants has grown 12 million since 2000, according to data at the Bureau of Labor Standards, said Steve Camarota, the author of the CIS study.
That’s equal to three years of American births.
The population of Americans aged 16 to 65 also grew by 16 million from 2000 to 2014, Camarota told The Daily Caller.
That overall population of working-age immigrants and native-born Americans increased by 28 million, which is three times the number of jobs added since 2000.
The huge growth in the labor supply, and the slow growth of employment, debunks predictions by Democrats and business groups that immigrant labor spurs the economy enough to ensure that even Americans gain from the inflow.
Instead, the post-2000 flood of migrants and young Americans workers has swamped the slow-growing labor market, and is helping to drive down salaries and to boost values on Wall Street. “Median household income, on average, has fallen 9 percent since the turn of the century,” The New York Times reported in January, matching conventional economic predictions about supply and demand in the labor market. Continue reading