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Tech Workers Were Already Hard To Find. The H-1B Visa Suspension Just Made Recruiting Them Even Harder.
Forbes ^ | Jun 26, 2020 | Gad Levanon

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 ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: corporatewelfare; h1b; hireamerican; immigration
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To: Erik Latranyi

Same with me plus I am 52 YO!


61 posted on 06/26/2020 2:11:11 PM PDT by 100%FEDUP (I'm seeing RED!)
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To: NobleFree
A few years back Microsoft paid a special one-time $57 BILLION cash dividend.

They obviously didn't have any business use for it, or they would have funded a new division, or acquisitions.

So they could have bought state bonds with it -- exempt from Federal Taxes -- and used the interest alone to generate a billion or two in free cash flow.

Without jeopardizing the principal, or affecting free cash flow from continuing operations.

That billion or two probably would have paid the price differential for US citizen programmers vs. H1-Bs.

But no, they "can't afford it."

These people make the robber barons of old look generous.

Remember when Jeff Bozo of Amazon cut the health-care payment for part time workers? At the time, the richest man in the history of the planet.

62 posted on 06/26/2020 2:11:12 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: Governor Dinwiddie

Yes, Governor, as one who was in the trenches, they arrived from the diploma mills, with a piece of paper in their hand with “Oracle” stamped on it. Corporate cost thinking decides that if one highly paid systems person can have the project baby in 9 months, then 9 of the low cost people can make the project baby in one month. This is why IT has gone from a few experts within the business function to full blown cross-functional corporate bureaucracies - IT is now an end unto itself, instead of a means to improving the business function.


63 posted on 06/26/2020 2:11:14 PM PDT by SloppyDrummer (There's a place for us...)
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To: Kickass Conservative
Because all the ones here are too busy committing Arson, Looting and tearing down Statues of Historical Figures?

Doubt it - those criminals probably all majored in puppetry or gender studies.

64 posted on 06/26/2020 2:12:45 PM PDT by NobleFree ("law is often but the tyrant's will, and always so when it violates the right of an individual")
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To: NobleFree

My high school son loves coding Java and Python and he’s great at it. Also great at chess and piano. He will take a community college class in C++ this fall.

He’s planning to major in Computer Science in college.

Also he’s a conservative and a good American kid.

Hopefully Trump’s ban on HI-b workers lasts 4 years for him.


65 posted on 06/26/2020 2:16:09 PM PDT by olivia3boys
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To: NobleFree
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.

Missed by the employers maybe. But employees who will no longer have their salaries artificially depressed? They won't miss the H-1Bs at all.

66 posted on 06/26/2020 2:17:17 PM PDT by DoodleDawg
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To: Ratman0823
Now, you need to be an expert on the 15 new scripting languages that have been released in the past 6 months to qualify for some of these positions. And that includes knowing all the current buzzwords used to describe them.

There is react, angular, hadoop which are pretty new. But anyone who's been around can pick it up in a few weeks. Unfortunately, most employers do not want to train you.

67 posted on 06/26/2020 2:17:29 PM PDT by uzumaki_naruto
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To: NobleFree
Tech Workers SLAVE LABORERS Were Already Hard To Find. The H-1B Visa Suspension Just Made Recruiting Them Even Harder.

There Fixed the Title
68 posted on 06/26/2020 2:19:14 PM PDT by eyeamok
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To: faithhopecharity

“hire all the out of work American programmers and engineers first

then we can talk about importing more aliens”
***********************************************

Nope! Replace “then we can talk about importing more aliens” with “then we can talk about recruiting and training more AMERICAN programmers, developers and engineers”.

It wasn’t that long ago that SUCCESSFUL American companies would give applicants IQ and aptitude tests, hire promising candidates and train them. The resulting employees were VERY productive AND CREATIVE!


69 posted on 06/26/2020 2:20:16 PM PDT by House Atreides (It is not a HOAX but it IS CERTAINLY A PRETEXT)
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To: olivia3boys
May God bless him and keep him! Encourage him to take a class or two in program management or something along those lines - where true English fluency is indispensable.
70 posted on 06/26/2020 2:23:49 PM PDT by NobleFree ("law is often but the tyrant's will, and always so when it violates the right of an individual")
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To: NobleFree

Bullshit. You could get Americans to pick lettuce if you paid what the market would bear. I guarantee you could get IT people. Saying you can’t get Americans really means “I can’t get Americans for cheap to free, while holding my sponsorship of their presence in the US as a sword over their head”.


71 posted on 06/26/2020 2:24:07 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: chuckee
Big tech will be forced to hire American CIS and computer science grads and train them to the requirements of the job. But who will train them?

Believe or not, most of the stuff can be self-taught for free. Free lectures on youtube by MIT professors.

72 posted on 06/26/2020 2:24:28 PM PDT by uzumaki_naruto
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To: NobleFree

The market price of IT workers will decide the shortage, or not......


73 posted on 06/26/2020 2:24:40 PM PDT by Billyv ( Ephesians 6:11 for we battle not against flesh and blood...Pray for our leaders and nation)
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To: StolarStorm

Absolutely correct.


74 posted on 06/26/2020 2:26:26 PM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: uzumaki_naruto
Believe or not, most of the stuff can be self-taught for free.

That's how I learned 90% of what I've used in my career.

75 posted on 06/26/2020 2:26:30 PM PDT by NobleFree ("law is often but the tyrant's will, and always so when it violates the right of an individual")
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To: NobleFree
Tech Workers Were Already Hard To Find at Third World Wages. The H-1B Visa Suspension Just Made Recruiting Them Even Harder. Title needed editing.
76 posted on 06/26/2020 2:28:17 PM PDT by Rebelbase
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To: CJ Wolf

“...I’m sure the offshore trend will get bigger again.”
*********************************************
We need to have the feds make those offshore developer/programming costs NOT DEDUCTIBLE AS EXPENSES for income tax purposes.


77 posted on 06/26/2020 2:29:05 PM PDT by House Atreides (It is not a HOAX but it IS CERTAINLY A PRETEXT)
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To: NobleFree

Good. Now maybe the Disney IT staff and workers from other companies who were displaced by H1Bs (also known as Indians) can find jobs. Oh, and as a retired Unix admin, I’m available under strict preconditions.


78 posted on 06/26/2020 2:29:17 PM PDT by DeplorablePaul (s)
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To: Billyv

Apparently Forbes does not believe in supply and demand.


79 posted on 06/26/2020 2:29:49 PM PDT by seowulf
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To: spudville

30 years let go at 50 too. had a few contract gigs since.


80 posted on 06/26/2020 2:30:08 PM PDT by CJ Wolf ( #wwg1wga #Godwins)
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