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Perfect. The best case outcome for your proposed solution is a reduction of 1% in US unemployment rate. (65k H1b/year vs 6.6million unemployed in the US)
by surferbayarea 9y ago
Perfect. The best case outcome for your proposed solution is a reduction of 1% in US unemployment rate. (65k H1b/year vs 6.6million unemployed in the US)
- Annatar 9y agoHave to start somewhere and go from there. At least it would be a start; it could be refined over time.
- surferbayarea 9y agoGot it. So if you were given the job to fix US unemployment of 6.6 million(likely more since this is just reported numbers), you would begin by focusing on the 1% bucket and then continue to refine the solution within that bucket.
- Annatar 9y agoI would at least fix that bucket rather than endlessly discussing hypothetical fixes and get nothing done. Perhaps I would gain some insights on how to fix the rest, too. A one-size-fits-all solution might very well not exist.
- phonon 9y agoWell, arguably the total number of working H-1B visas (including extensions while waiting for a green card) (and working H-4 dependents) is the more relevant metric. That number is not tracked directly, but it's about a million or so, all at significantly higher wages than the median US personal income of $31,099/y. https://qz.com/949589/the-h-1b-visa-cap-tells-you-very-little-about-how-many-h-1b-visas-there-are/ https://qz.com/949589/the-h-1b-visa-cap-tells-you-very-littl...