Bloomberg: Lack of worker visas stalled economic growth in Research Triangle

The technology community in North Carolina and across the country continues to press for an immigration overhaul. Their latest effort involves a new self-funded report that argues existing visa lottery caps hurt U.S.-born tech workers in the Research Triangle.

The pro-overhaul group, Partnership for New American Economy, released a new report Wednesday that contends U.S. workers are hurt because visa caps slow job creation and wage growth in computer-related fields. The partnership, led by former New York Mayor Michael Bloomberg, reports that H-1B visa denials in 2007 and 2008 led to 2,500 fewer tech jobs for American-born workers in the Raleigh/Durham area.

 

About NAE

New American Economy is a bipartisan research and advocacy organization fighting for smart federal, state, and local immigration policies that help grow our economy and create jobs for all Americans. More…