I agree there are fluctuations in the number of jobs, but the problem is exacerbated by the H1-B visa cap having no relation to the job market. After the dot com burst and 9/11 over a million software developers lost there jobs here. They Raised the cap.
Quote:
|
Further the visa lasts 6 years, and after they demonstrate there is no American who can do their job, then they can get permanent residence and work for whoever they care to.
|
(7 if you count 1 year extensions)
Yes which they are committing fraud in order to do. See the video? They are finding creative ways to disqualify all American Applicants.
Their lowered mobility for those 7 years causes depressed wages. After they get their greencard they start to get screwed by the next boatload of people desperate to come to America.
Quote:
If the company simply wanted to train the workers, it'd be easier and cheaper to fly their trainers out, then to bring a large number in. These people will be here for a while, that means when a company is looking at a place to build their next Campus/R&D facility/etc. they will count this as a beneficial reason because the labor force isn't strictly limited.
In order to build a campus you want a few things, you want the town/community to be a place your workers will want to work (which will make it easier to hire them), you want a readily available pool of workers in the area, and you want it to be easy to transfer your employees from one branch to another.
Now if we impose harsh sanctions and clog the employers hiring patterns with red-tape they'll simply have their business in the EU, where they can bring educated workers without difficulty. Further the best and brightest of the rest of the world will also simply move to one of the many other first world nations and work and study there. This hurts our Universities and Colleges, it hurts our Businesses, and it hurts our economy.
|
Even with the H1B program they are building their campuses overseas. They are using the program to accelerate the process and to fill the hard to outsource jobs. They proved there intent when the labor market was flooded by layoffs and got the cap increased substantially.
Quote:
|
You're straining too hard for a scapegoat. The economy is switching from being production/manufacturing based to being knowledge based. This is causing some people to surge ahead, that will soon be adjusted for in the coming years just as it always has been.
|
Wouldn't wages be going up for knowledge worker Americans if Americans were switching to a knowledge based economy? Wouldn't the increased wages encourage American students to go into computer Science as was happening in the 90's. Wouldn't this natural course of the market meat demand?