Some folks don’t understand the difference between retirement age and working age.
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Some folks don’t understand the difference between retirement age and working age.
I won’t try to explain to you negative birth rate, or how the boomer cohort is so much larger.
Maybe you’ll figure it out.
I know perfectly well what you're talking about. However, charts 6 and 11 totally destroy your argument. There's virtually nothing to support your premise.
The labor participation rate of working age US-born men has declined significantly in recent decades. That rate, BTW, took a significant nose-dive during Obama's reign. It then made a decent improvement under Trump.
The labor participation rate of working age immigrants, on the other hand, has remained elevated - and has actually increased during Biden's tenure (these figures include illegal immigrants). This trend is also reflected in my original graph/post. Again, look at chart 11 (or do you not know how to read a graph?): https://cis.org/Report/WorkingAge-Not-Working
Additionally, the total population of working age US-born citizens has only declined by 67,000 from the prior year. So, apparently, there must be a helluva lot more 16 year-olds than you think (or, again, is this beyond your understanding of numbers and statistics?). See Table A-7: https://www.bls.gov/news.release/pdf/empsit.pdf
That same chart also shows labor participation rates for US citizens as being flat TY vs LY, while foreign-borns increased by a half percent.
Sorry, Paul, the NY Post article is correct: jobs are going to illegals under Bidenomics.
Oh no guys!! These immigrants are working!! They are Working the jobs that our uneducated us born guys don’t want to do! The horror!
They're here, so they need to be given the opportunity to work.....but easier said than done. For one, how would income tax and FICA apply? Maybe the 1099 option could work.
There are also some additional positives gained. It would give us an idea of the percentage willing to work, because the "Biden deal" is unsustainable. Also, and this is a big one, it would make it necessary to provide further documentation and some degree of a "paper trail". That will make mass deportation much easier, if common sense Americans can vote out this "Fundamentally Transform America" madness in November.
The real questions are:
Why has the labor participation rate among working age US-born citizens declined in recent decades? Why has there been a net loss of 1.23 million jobs among US-born citizens since covid? During that same time period immigrant employment had a net increase of 3 million. Why?
Is it because US-born citizens are lazy? Are they still taking advantage of incentives to remain unemployed? How many of those are now part of the homeless crisis? How many have gone underground and become part of the criminal problem? Are US corporations taking advantage of lower wages and employment costs, and thus crowding Americans out of jobs?
Why did the labor participation rate among working age US-born citizens take a precipitous decline during the Obama years, and then remain at some of the lowest rates in US history during his entire tenure?
If illegals are taking jobs that Americans don't want, why isn't that reflected in the overall GDP? Why did the economy take a sub-par trajectory during the Obama years - at the same time Americans stopped working - and then never really recovered?
There was a 3.1% GDP growth trend that prevailed from 1965 through 2007 - then Obama broke it:
https://blogger.googleusercontent.co...5%20trends.jpg
https://scottgrannis.blogspot.com/20...t-much-to.html