If I have a software development firm, and I advertise to hire developers at $10/hour, (aside from interns), how many employees do you think I'll get? Right, I won't get many. I may want 20, but I may only get 1 or 2. I know there are developers available, but those developers want $50/hour! I don't like paying that much, so I keep my offer at $10.
Now I go around whining because "there are not enough workers". If I'm big, like Microsoft, I pay lobbyists to convince ignorant (or simply greedy) politicians that we need to create an immigration allowance so I can import workers from lower income countries. Those workers will be happy to work for me for $15/hour, because it's so much more than they earn at home. Of course as the business owner I want to hire as many of the cheaper workers as I can import.
While the H1-B topic doesn't get much attention these days, it was pretty hot in the 2005-2015 period. Evidence and consensus was that there was not a shortage of local skilled labor, and that foreign talent was not more or better suited to the tasks. There's so much out there on this topic, but here's just one example: https://www.epi.org/publication/bp359-guestworkers-high-skil...
> If I have a software development firm, and I advertise to hire developers at $10/hour, (aside from interns), how many employees do you think I'll get? Right, I won't get many. I may want 20, but I may only get 1 or 2. I know there are developers available, but those developers want $50/hour! I don't like paying that much, so I keep my offer at $10.
Nope, and nope.
If I have a software development firm, and I advertise to hire developers at $10/hour, (aside from interns), how many employees do you think I'll get? Right, I won't get many. I may want 20, but I may only get 1 or 2. I know there are developers available, but those developers want $50/hour! I don't like paying that much, so I keep my offer at $10.
Now I go around whining because "there are not enough workers". If I'm big, like Microsoft, I pay lobbyists to convince ignorant (or simply greedy) politicians that we need to create an immigration allowance so I can import workers from lower income countries. Those workers will be happy to work for me for $15/hour, because it's so much more than they earn at home. Of course as the business owner I want to hire as many of the cheaper workers as I can import.
While the H1-B topic doesn't get much attention these days, it was pretty hot in the 2005-2015 period. Evidence and consensus was that there was not a shortage of local skilled labor, and that foreign talent was not more or better suited to the tasks. There's so much out there on this topic, but here's just one example: https://www.epi.org/publication/bp359-guestworkers-high-skil...