05
Feb
Almost all new jobs went to Hispanics.
In January 2012:
Total employment rose 847,000 (+0.60 percent)
non-Hispanic employment rose 33,000 (+0.03 percent)
Hispanic employment rose 814,000 (+3.93 percent)
In percentage terms, Hispanic employment grew 131 times faster than non-Hispanic employment. The brutal explanation: Hispanics, immigrant and native-born, are systematically more willing to work for less.
Hispanic employment is interesting, but of course it was just a proxy for our primary interest: the displacement of native-born workers by immigrants. Our analysis of the Household Survey indicates that 414,000, or 49%, of January’s new jobs went to immigrants. That is more than three times their share of the labor force (16%). Native-born employment grew by 433,000.
Immigrant employment grew by 1.83% in January. Native-born employment grew by 0.37%. At these rates, immigrant employment will double in just 39 months, while native-born employment will take 196 months to double. That’s 16 years.
Since January 2009—the month Barack Obama took office—data on foreign- and native-born employment has been included in the monthly employment report. Coincidence or not, this means we can piece together the monthly points to track the long-term impact of Mr. Obama’s policies.
To calculate our New VDARE.com American Worker Displacement Index (NVDAWDI), we set native-born and immigrant employment when President Obama assumed office in January 2009 at 100 each. From that January to this January immigrant employment rose by 6.6%—pushing the immigrant employment index up to 106.6. Over the same period, native-born employment declined by 1.7%, reducing the native employment index to 98.3. We then take the ratio of immigrant to native-born employment indexes and multiply by 100.
Bottom line: the January 2012 NVDAWDI is 108.4—or 100 times 106.6 divided by 98.3.



Yeah well, they won’t keep the jobs long, they never do. Especially when the DemoRATS give them the choice of work or sit on your fat a** and mooch off the taxpayers.
February 5th, 2012 at 4:33 pm