The Replacements: a Verge expose on the H1B visa program
theverge.com
theverge.com
Not sure why these journalists can get even basic maths right. US tech sector has one of THE LOWEST unemployment rates. Also it is the barriers to H1B that take jobs out of USA not other way around.
If 100s of thousands of jobs have moved out of USA because of H1B where are those 100s of thousands of employed Americans?
It like loving a cheap iPhone while lamenting that they are not being made in Detroit.
https://www.macrumors.com/2015/09/30/iphone-6s-plus-componen...
Apple reported an astonishing $2,136,273 in revenues per employee in 2015. http://www.businessinsider.com/revenue-per-employee-at-apple...
Apple contracts a lot of work out to H1-Bs through firms like Wipro. This may well result in larger profits for Apple, but it certainly does not translate to cheaper products for Americans or jobs for Americans.
If iPhones were made in Detroit with minimum wage laws and OSHA and EPA and FTC and other zillion federal overlords it would have cost $5000 and all the iOs developers on HN would not have existed.