JGalt
Diamond Member
- Mar 9, 2011
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The numbers just don't add up. In 2019, the US job market became saturated as the unemployment rate fell to 3.5%, which was the lowest level since 1969. According the the BLS:
"By the end of 2019, the economy had grown for 126 months or 42 quarters, making it the longest economic expansion on record.1 Most labor force measures continued to improve throughout 2019. Total employment, as measured by the Current Population Survey (CPS), expanded by 2.0 million, reaching 158.6 million by the end of the year."
Job market remains tight in 2019, as the unemployment rate falls to its lowest level since 1969 : Monthly Labor Review: U.S. Bureau of Labor Statistics
As of July 2024, the unemployment rate is 4.1% with a total labor force of 168 million.
https://www.bls.gov/news.release/pdf/empsit.pdf
In 2019, there were an estimated 11,047,000 undocumented immigrants living in the US. That number is arbitrary, as there's really no way to know how exactly how many undocumented immigrants are in the US:
"While demographic estimates of undocumented immigrants in the United States are difficult to estimate, the Migration Policy Institute provided the following estimates for the undocumented population living in the country in 2019, based on US Census Bureau data from the 2015-2019 American Community Survey (ACS) and the 2008 Survey of Income and Program Participation (SIPP). The demographic estimates are based on a population estimate of 11,047,000 undocumented immigrants."
Demographics of Undocumented Immigrants in the United States, 2019 - Immigration - ProCon.org
Now comes the kicker: Exactly by how many "undocumented immigrants" did the US population increase from 2019 to the present? 10 million? 20 million? 30 million? Nobody really knows. The Center for Immigration Studies gives some startling figures:
"Analysis of the Census Bureau’s Current Population Survey (CPS) shows that the total foreign-born or immigrant population (legal and illegal) hit a new record high of 51.4 million in February 2024 — an increase of 6.4 million since President Biden took office...
If current trends continue, the foreign-born population will reach nearly 60 million and 17.5 percent of the U.S. population by the end of a second Biden term — both figures would be without any precedent in American history."
The Foreign-Born Share and Number at Record Highs in February 2024
The problem is this: We don't really know how many undocumented immigrants have come across the border since 2019. But we can assume that whatever the number, they are going to affect the job market, reducing the number of available jobs in an already-tight job market.
"By the end of 2019, the economy had grown for 126 months or 42 quarters, making it the longest economic expansion on record.1 Most labor force measures continued to improve throughout 2019. Total employment, as measured by the Current Population Survey (CPS), expanded by 2.0 million, reaching 158.6 million by the end of the year."
Job market remains tight in 2019, as the unemployment rate falls to its lowest level since 1969 : Monthly Labor Review: U.S. Bureau of Labor Statistics
As of July 2024, the unemployment rate is 4.1% with a total labor force of 168 million.
https://www.bls.gov/news.release/pdf/empsit.pdf
In 2019, there were an estimated 11,047,000 undocumented immigrants living in the US. That number is arbitrary, as there's really no way to know how exactly how many undocumented immigrants are in the US:
"While demographic estimates of undocumented immigrants in the United States are difficult to estimate, the Migration Policy Institute provided the following estimates for the undocumented population living in the country in 2019, based on US Census Bureau data from the 2015-2019 American Community Survey (ACS) and the 2008 Survey of Income and Program Participation (SIPP). The demographic estimates are based on a population estimate of 11,047,000 undocumented immigrants."
Demographics of Undocumented Immigrants in the United States, 2019 - Immigration - ProCon.org
Now comes the kicker: Exactly by how many "undocumented immigrants" did the US population increase from 2019 to the present? 10 million? 20 million? 30 million? Nobody really knows. The Center for Immigration Studies gives some startling figures:
"Analysis of the Census Bureau’s Current Population Survey (CPS) shows that the total foreign-born or immigrant population (legal and illegal) hit a new record high of 51.4 million in February 2024 — an increase of 6.4 million since President Biden took office...
If current trends continue, the foreign-born population will reach nearly 60 million and 17.5 percent of the U.S. population by the end of a second Biden term — both figures would be without any precedent in American history."
The Foreign-Born Share and Number at Record Highs in February 2024
The problem is this: We don't really know how many undocumented immigrants have come across the border since 2019. But we can assume that whatever the number, they are going to affect the job market, reducing the number of available jobs in an already-tight job market.
