Interesting factoid here.
Yesterday we pointed out something stunning (and a big problem for the Biden administration): while the US economy has added 3.3 million jobs from the pre-covid highs (make that 3.8 million after today's blowout print)...
... all of the new jobs have gone to foreign-born workers, with native-born workers stagnating and unable to surpass their pre-covid highs of 131.7 million, set in Oct 2019....
Note this is the NON-FARM payroll number, so it doesn't include farm laborers which increase as the weather warms.
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