Last week a preliminary draft order titled “Protecting American Jobs and Workers by Strengthening the Integrity of Foreign Worker Visa Programs” surfaced that targets H-1B “genius” visas. The order signaled a second wave of the Trump Administration’s immigration agenda— with potentially catastrophic effects to the U.S. economy. I’ve written and spoken extensively on the H-1B topic recently and, based on hundreds of responses, it’s become clear that there is an overabundance of emotion and a drought of hard facts circulating on this critical issue.
Many Americans believe that H-1B visas are being used as a cost-cutting measure to hire cheap foreign labor; in reality most H-1B workers hold elite jobs and earn on average 20% more than their US citizen counterparts for similar roles, according to a report by Brookings Institution. Many Americans believe that H-1B visas fuel the outsourcing of jobs; in reality, these visas bring foreign talent into the US—many of whom go on to found startups and a shocking number of Fortune 500 businesses. And most critically, many Americans believe that there exists a ready supply of high-skilled workers in the US that could easily jump into elite tech jobs with accelerated on-the-job training.
Read the full article, “GoDaddy CEO: If You’re Against Outsourcing, You Should Support U.S. Visas For Skilled Foreigners“Related NAE report, The “New American” Fortune 500