326,000 Native-Born Americans Lost Their Job In November: The Most Important Jobs Chart

Zero Hedge ^ | 12/5/15

[Wilderness Conservative]

We were talking about the chart showing the cumulative addition of foreign-born and native-born workers added to US payrolls according to the BLS since December 2007, i.e., since the start of the recession/Second Great Depression.

Curiously, it is precisely this data that got absolutely no mention following yesterday's job report, about which the fawning mainstream media only noted, in passing, one negative aspect to the report: the fact that 319,000 part-time jobs for economic reasons were added in November. However, with Trump and his anti-immigration campaign having just taken the biggest lead in the republican primary race, we are confident that the chart shown below will soon be recognizable to economic and political pundits everywhere.

And here is why we are confident this particular data should have been prominently noted by all experts when dissecting yesterday's job report: according to the BLS' Household Survey, while 375,000 foreign-born workers found jobs in November, a whopping 326,000 native-born Americans lost theirs.

[Wilderness Conservative]

H1B,Chamber of Commerce, Cruz ping

[kaehurowing]

This information should be distributed everywhere. This is why we have 94 million Americans out of work and a 24% unemployment rate, and yet the anti-American Obama administration claims there is only 5% unemployment.

[Diana in Wisconsin]

*BUMP*

[JoeFromSidney]

The Fed's policies are nothing new. William Jennings Bryan, in his famous "cross of gold" speech, July 9, 1896, at the Democrat Party Convention in Chicago, gave a pre-Keynesian call for devaluing the dollar and pumping up the money supply. Fortunately, the country had more sense then than the Federal Reserve has today.

[Jack Hammer]

‘326,000 Native-Born Americans Lost Their Job In November’

Obama yawns and spews horse manure about the economy ‘improving.’

[TBP]

Not enough to suit BO.

[khelus]

ping