NATIONAL DATA: July Was A Big American Worker Displacement Month, But You Wouldn’t Know It From The Regime Media
From VDARE.com Editor Peter Brimelow: The central point to grasp from the July jobs data, unreported as far as we can see by anyone except VDARE.com, is that ALL the job growth went to immigrants (legal and illegal, the government—disgracefully—does not distinguish). Also, real aka inflation-adjusted wages fell, and the Biden Rush at the southern border continued at historically high levels. Basically, the trend is awful, for American workers and for America.
According to the widely cited Payroll Survey, U.S. employers added 528,000 jobs in July, an unexpectedly strong gain. This brought total employment back to its level of February 2020, just before the pandemic shutdowns, and was cited to suggest the U.S. was not, despite two quarters of GDP decline, in a recession.
“At this stage, things are OK,” James Knightley, chief international economist at the ING bank said when the July numbers were released. “Say December, or the early part of next year, that’s when we could see much softer numbers."
But Knightley, like most mainstream economists, never ventures beyond the employment data contained in the widely cited Payroll Survey. The “other” employment survey—of households rather than businesses—shows that those “much softer numbers” are already here.
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