Quote:
Originally Posted by Rajoo
Sure!
About 5.5 Million engineering jobs in the US and 65,000 H1B visas issued a year. What impact will it have? Yet another MAGA nonsense that only sells to those who know the least.
|
Impact may be considerable. Of the 5.5 million, how many are stable long-term incumbents, and how many are part of the churn of arrivals, departures, and movement between positions? The 65,000 H1B visas may represent a signifcant percentage of the 'churn.' Keep in mind that the 65,000 is termed 'visas issued' in a year. That is less than 'total visas outstanding' is it not?
The bottom line here is not that I think Bannon is even half-right, but I'm not sure he's totally wrong. I can easily believe that some employers exploit H1B holders to gain talent at a sharp discount.