Because business is booming and corporate profits are up sharply, economists are having a tough time making sense of the sluggish wage growth.
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http://www.freerepublic.com/focus/f-news/1511555/posts
"On average, applications for H-1B workers in computer occupations were for wages $13,000 less than Americans in the same occupation..."
Somehow left off the rest of my post.
Point is, supply and demand doesn't work when the demand can be met with a supply of lower wage earners.
On surface this stat appears to show benefit for American worker because his job pays $!3,000 more than the H1B visa worker, when in effect it artifically stagnates wages of the American worker by bringing in lower cost workers from out of the country, thus increasing the supply.
Wow, if those 65,000 workers (not all of whom are computer programmers) can make such a dent in our wages, we're in worse shape than I thought.