Skilled Immigrants Get Washington Cold Shoulder

October 29, 2009 RSS Feed Print
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The H-1B visa program brings many of the skilled employees used by Silicon Valley and Wall Street firms to the U.S. With the current state of hiring, it makes sense that far fewer employers are requesting H-1B workers than in previous years. But, the WSJ reports, it's not just the economy that's making employers wary of looking abroad—it's also the "anti-immigration sentiment in Washington."

How is that sentiment materializing itself?

The cost and bureaucracy of applying for H-1B visas is another deterrent. Lawyers' fees, filing fees and other expenses can easily reach $5,000 per applicant.

And immigration lawyers say some would-be employers are put off by a crackdown on fraud. U.S. Citizenship and Immigration Services, which administers the H-1B program, has been dispatching inspectors on surprise company visits to verify that H-1B employees are performing the jobs on the terms specified. The fraud-detection unit in coming months is expected to inspect up to 20,000 companies with H-1Bs and other temporary worker visas.

Lifting the American economy out of recession and setting the U.S. on the course for economic growth in the future is going to require innovation—the next great Microsoft or Google. If today's Microsofts and Googles can't get all the skilled workers they need, then how will tomorrow's?

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Wow, some pretty strong anti-H1-B sentiment.

What people don't realize is that constraints imposed on a company's hiring can and often do hurt the company. This is especially true in cutting-edge fields, where new ideas are crucial: investment banking, academic research, industrial R&D, creative fields...

Also, multinationals want and should be able to bring in workers from their offices abroad, if necessary... again, any constraints on that hurt the companies.

Finally, turn it around: do you think that American workers abroad - in Japan, Hong Kong, UK, Switzerland, France, Germany... - should be allowed to work there?

Banning such opportunities would be pretty backward in this day of opening the borders for trade and goods. The world is moving in the opposite direction.

IM of NY 12:21AM December 01, 2009

Should have been good for shareholders, taxpayers and customers, right? WRONG! If there were savings, those savings did not trickle to anybody but the CEOs. Higher CEO pay, hooray!!

H1B Promise

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Labor cost cut in half.

For every H1B, five jobs will be created.

H1B Result

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- Millions of Americans laid off/unemployed.

- Foreclosures up.

- Shareholders lost over 50% of their retirement/investment wealth.

- Taxpayers got higher R.E.-related tax bills.

- Customers pay more for less quality.

- Government collected less taxes (low-wage H1Bs=low tax bracket).

Common Sense of ME 1:12PM October 31, 2009

Wow. Slaves used to cost $12 before the Civil War. Now they cost $5K you say? The U.S. should be ashamed of itself for allowing slavery in 2009.

Google: founded by an immigrant (not an H1B not-so-bright import)

Microsoft: founded by a drop-out that learned how to twist the truth and steal other people's wealth (like the MNCs are doing by demanding more H1Bs)

Mi of CO 12:52PM October 31, 2009

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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