There are employment transitions that are currently taking place. The numbers could be even worse as this year progresses.
First is a reduction in foreign-born workers and the employment of native born. Trump campaigned on this relentlessly. We are seeing it happening today. This is part of addressing the 20M+ illegal immigrants that entered our country before the election.
The second is a reduction in the Federal government work force. So far this year 84K have been let go. In the next couple of months, the paid leaves and voluntary separation acceptances will hit because they still show as employed workers. When this occurs, it will be fodder for the uniformed but understand it to be an American worker, smaller government strategy that is being implemented.
Jobs for native-born Americans has increased by nearly 2 million.
thepostmillennial.com