4 ms·
> People will still have the same incentive to work they always had (to make money) -- but some people will quit jobs they don't like, which will drive wages up
by nercht12 10y ago
> People will still have the same incentive to work they always had (to make money) -- but some people will quit jobs they don't like, which will drive wages up (due to falling supply in the labor market).
The market is already "suffering" from labor shortage, but it's just a cover for companies to demand more H1-B visas. Seeing jobs Americans are perfectly good at doing go overseas says American labor isn't being cut for quality or demand, it's being cut out for cost.
- vosper 10y agoHow do H1-Bs send jobs overseas? The visa brings people into the US. They pay taxes, and many go on to become Americans (or try to).
- hx87 10y agoYou're right. What H1-Bs do though is allow companies to replace a worker with full mobility and bargaining power (a US citizen) with one who has limited mobility and bargaining power, which drives down industry wages. Now, if the visa were attached to the person but not the company and were valid as long as the holder has a job, this would be much less of an issue. Give immigrants the same bargaining power a citizen has and both would benefit.