Shorter careers than athletes

CSMonitor: Faced with foreign competition and an ever-faster pace, many engineers are dropping out of a once-safe field.

In 2000, near the end of the high-tech boom, industry CEOs convinced Congress to nearly double the number of H-1B visas, allowing up to 195,000 skilled workers from India and elsewhere into the US. Some engineers contend that those CEOs kept many of those H-1B workers while cutting higher-paid US citizens.

“About 80,0000 engineers were unemployed a few months ago. If you take out the H-1Bs who came in, you’d have jobs for all of them,” the IEEE-USA’s Bryant says. The organization is lobbying Congress to lower the number of H-1B issued.

3 responses

  1. It also doesn’t hurt that they don’t have to pay half of the H-1B’s Medicaid/SS tax either usually an additional 7.5% of an employee’s salary. No Medical or Dental coverage since the sponser company usually takes care of that… What does this mean to you or I? Well I would rather a qualified US citizen take the job before importing talent from a foreign company.
    A. We get to tax the American.
    B. That is one less American on unemployment.

    Libertarian

  2. Employeers factor in expenses like that into wages.

    Ask yourself – if employers didn’t have to pay that amount in benefits would they still be lobbying for these visas?

    Of course they would!

    These visas provide employees that will work for less then Americans – and my bet is a lot less then 7.5%.

    And the next wave is complete outsourcing overseas: http://accounting.smartpros.com/x36465.xml

    You can bet on it.

Comments are closed.