Posted on March 23, 2008 by Robert A. Kraft
The Wall Street Journal published an interesting editorial a few days ago about the need for increasing the number of H-1B visas allowable each year. Here are excerpts:
Bill Gates appeared before Congress again last week to make a simple point to simpler pols: The ridiculously low annual cap on H-1B visas for foreign professionals is undermining the ability of U.S. companies to compete in a global marketplace. “Congress’s failure to pass high-skill immigration reform has exacerbated an already grave situation,” said the Microsoft chairman. “The current base cap of 65,000 H-1B visas is arbitrarily set and bears no relation to the U.S. economy’s demand for skilled workers.” The Labor Department projects that by 2014 there will be more than two million job openings in science, technology, engineering and math fields. But the number of Americans graduating with degrees in those disciplines is falling. Meanwhile, visa quotas make it increasingly difficult for U.S. companies to hire foreign-born graduates of our own universities. Last year, as in prior years, the supply of H-1B visas was exhausted on the first day petitions could be filed. Mr. Gates said his software company exemplifies this phenomenon. “Microsoft has found that for every H-1B hire we make, we add on average four additional employees to support them in various capacities,” he told lawmakers. “If we increase the number of H-1B visas that are available to U.S. companies, employment of U.S. nationals would likely grow as well.” The preponderance of evidence continues to show that businesses are having difficulty filling skilled positions in the U.S. By blocking their access to foreign talent, Congress isn’t protecting U.S. jobs but is providing incentives to outsource. If lawmakers can’t bring themselves to eliminate the H-1B visa cap, they might at least raise it to a level that doesn’t handicap U.S. companies.
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