Posted on 06/26/2020 1:41:33 PM PDT by NobleFree
In June, the US government suspended H-1B and other work visas for the rest of 2020. Hundreds of thousands of foreigners will no longer be able to attain work in the US as a result.
This halt will deal a one-two punch to employers of computer-related occupations, which includes jobs such as software developers and computer systems analysts. First, people in this field receive the overwhelming majority of H-1B visas. Out of the nearly 400,000 H-1B petitions approved in fiscal year 2019, about two-thirds were in that line of work. Most went to software developers.
Second, computer-related workers are the one group for which the labor market will soon become tight again. When that happens, new foreign workers may be sorely missed. […]
Before Covid-19, the unemployment rate for these workers was the lowest in recorded history. In the 10 years prior to the pandemic, the number of computer-related workers soared by 62%, while the number in all other fields grew by just 13%.
And since February, when the pandemic started impacting the US economy, the rise in the unemployment rate for computer and mathematical occupations was smaller than for other occupation groups (see charts 1 and 2). While the unemployment rate for all workers and for the management and professional group reached the highest rates in recorded history, the increase for computer and mathematical workers was more modest, though still significant. […]
Beyond the short-term recruiting impact, reducing the number of foreign workers could have major implications on US innovation. A recent article concludes that immigrants are responsible for 30% of aggregate US innovation since 1976, partly due to their own innovation, but mostly due to the positive impact they are having on US natives’ innovation. Immigration grows the pie.
(Excerpt) Read more at forbes.com ...
Good ones, yeah, are always expensive—and probably just got moreso. But whining Freepers are still available relatively cheap!
Okay, I kid. Mostly.
The company I work for was one of the first in India some 20+ years ago. Back then it was 10 cents on the dollar. But then the Indians got clever with their bouncing from one company to another and creating fake certificates. From the amount of re-work we have to do in the states it never paid for itself.
Now that Indians cost about 50 cents on the dollar, we have moved to the Philippines were they are about 20 cents to the dollar.
The only benefit I see is that their accent is understandable.
You've seen that too?
Isn't that what production is for? After all, Agile doesn't allow for testing or documentation. Grrr.
Well, if they’d quit looking under $30/hr they’d find 10s of thousands.
And they speak perfect American.
“How many U.S. citizens graduate from college each year with a degree in software engineering or computer science? “
That’s a bullshit requirement and threshold.
ALL of the best tech workers I’ve worked with, and I have worked with the best in the world, had no degree whatsoever. And many didn’t have a HS diploma.
But in India you can read a tech manual and buy a degree for $5k.
And they may have to increase salaries!
If we halted everything at present technology, it wouldn't impose much of a burden on anyone.
If we halted action movies and boy-band music, it wouldn't impose much of a burden on anyone. It's a blessing that we have disposable income to spend on frivolities.
I agree. My son (18) and his friends have HS diplomas and these kids can program better than I can (but I am retired and don't do much anymore...)...
Or can be bribed to know nothing.
I know plenty of folks who were in the tech industry, doing just fine at their jobs, and when their position was cut they never found another one. A few got back into tech jobs by getting a job in other areas of the company and hopping back.
It is an open secret that there are a lot of Indian racists in the tech industry - such that once many organizations reach more than about 40% Indian, you never see another American hired again, and the ‘anti-discrimination’ rules don’t work to stop that.
BS. Anyone who actually works in the trenches in a tech field knows this is a lie.
H1B needs to happen under the old rules where you had to prove you could not find a qualified American.
You can bring someone in, but their wages under the program have a 20% tax, and you must pay them 20% above the median for the position.
And pay employer taxes for hiring your sons, daughters and neighbors. Our own government dodges taxes this way as an example for the coporate cronies.
I have read that FORBES is owned by the Chinese.
The Chinese want more of their spys working for American companies so they can steal intellectual information.
Oh, they absolutely do that. They KNOW the Indians will submit fake resumes that have every single requirement and hire them anyway. Total fraud. I suspect that most of the diplomas are fake as well.
They will fudge median salary numbers and find loopholes. How about a 200,000 fee upfront per h1-b? That would do the trick.
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