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Economics

Immigrants With Right Skills Ride U.S. Hiring Wave: Economy

The labor market is healing faster for immigrants than for U.S.-born workers as the growing economy favors those at the low and high ends of the pay scale.

Joblessness among those born outside the U.S. averaged 8.1 percent in 2012, down from 9.7 percent three years earlier, according to Labor Department data released to Bloomberg. In the same period, the rate among those born in the country fell to 8.1 percent from 9.2 percent.