If we halted everything at present technology, it wouldn't impose much of a burden on anyone.
We are all just prisoners of our own devices.
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 ...
those companies have managed politically to transfer that training program to the public (tax payer) sector. check out your local community colleges for “STEM” programs (which stands for science, technology, engineering, and math). lots of training and recruiting and funding...
but students shy away because they realize that getting a job and KEEPING it past age 30 .. are very difficult with today’s large “American” corporations hiring cheap and compliant aliens (and what with all the corporate age discrimination, its a super bitch in technology sector!)
Forcing them to make that choice will allow the market to evaluate their management abilities. H1-B is shielding them from market repercussions of their decisions.
Correct
“Of course, we can all be “greeters” at Walmart or Costco for $12/hour. Which is probably $5/hour more than the H-1B folks are being paid.”
Targets base is now $15. lol
Odd - the “[Globalist Scum Alert]” with which I prefixed the thread title is gone, athough it remained on this post: https://www.freerepublic.com/focus/f-bloggers/3859555/posts
There you go. What a shame that these multi-billion and multi-million owners/executives need more yachts to ski behind.
I am a free enterprise supporter, but there comes a time the Suckerbergs and the Bill Shates should invest in Americans rather than more profits from cheaper labor. The billions they make has gotten obscene when compared to the STEM degree students who earn less than imported labor. I agree with Pres. Trump's to reduce tech visas.
Like I said above, if they want to be philanthropists, let them build schools/programs to retrain the idiots with their worthless sociology degrees. Or, at least hire Americans who can currently do the same job at a little more cost.
Amen! The free market is not a suicide pact.
If we halted everything at present technology, it wouldn't impose much of a burden on anyone.
We are all just prisoners of our own devices.
Yes, what happens is they make the published job postings so exacting that most people can’t even get through the gate keepers then they complain they can’t find qualified candidates so they then mediocre h1b’s from a staffing firm, it’s been happening for a long time.
Oh, the quality f the work product based on the requirements is just top notch too.
(do I really need a sarc tag here?)
Same here.
PhD from Princeton and he still doesn’t understand how supply and demand works? He should ask for a tuition refund.
I’d like to how many citizen IT workers took jobs outside their field because they were displaced by H1B workers. Let’s start with the Disney workers forced to train their H1B replacements. You also have the over 50 workers forced into early retirement by cheaper foreign workers.
Tech Workers Were Already Hard To Find. The H-1B Visa Suspension Just Made Recruiting Them Even Harder.
Look up the definition of Urban Legend.
One suspects that a lot of the unemployed millennials living in their parents' basements have some tech skills and might somehow fit into that work thingie.
.
So you feel Trump was wrong??
You support H-1B Visa expansion?
Boo hoo hoo. OH MY GOD! You mean you’re going to have to actually hire.....I can hardly say it......Americans to fill those jobs in America????
What is the world coming to when you can’t import a never ending supply of cheap labor any more?
The H-1B has been around for 30 years. Are you telling be that’s not enough to time to train Americans for those jobs?-—————————————————
It is not about training...It is about tamping down tech salaries (especially entry and mid level) by paying foreign workers far lower wages and maintaining them as indentured workers...
The US has so many people, with so many different skills, that it's a lie that you "can't find an American". What it REALLY means is that you can't find an American willing to work for Third World pay.
But I'm willing to have SOME H1B visas issued -- at a price of $100K to the employer per year. We would then see how many we REALLY need.
By the way....all I ever hear in reference to H1bs is “tech” workers. It just ain’t so. I do projects for big banks. Those builds are absolutely STUFFED full of H1b Indians. They are doing all sorts of jobs including accounting and finance roles that are not tech heavy at all. I was surprised at this several years ago and asked them how come 1/4 to 1/3rd of the people I was seeing there were Indians. They didn’t hesitate to tell me it was because they got paid less.
The con is obvious. Companies just have to claim they are filling a role that involves technology and then they can import a cheap H1b Indian instead of employing an American. It has the added bonus of suppressing wages for everybody else too.
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