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You should probably do some research on how many of those ended up starting their own companies. And how many jobs they created. After that you may want to ret
by risyachka 1y ago
You should probably do some research on how many of those ended up starting their own companies. And how many jobs they created.
After that you may want to rethink suspending new entries.
- silisili 1y agoI have not. Feel free to educate me/post numbers or links. How impactful would a say, 1 year pause be to that? Is the number of jobs created by H1B each year > the number of H1B entries each year?
- chris_va 1y ago(not the parent, I don't have a specific number) Generally speaking, the economy is not a zero sum game (by definition), or we would never have made it past the first 50 people in New Amsterdam. Every person here on a visa interacts with the economy (needs to buy groceries, etc). Presumably they create more wealth for the economy than they cost, or it would not be worth it for a company to hire them. I think a more interesting question would be if, for the particular occupation (say software engineer), a person on an H1-B visa adds more than one jobs worth of demand for more software engineers. Even if they benefit the economy as a whole, it is still possible that a subset of the labor force sees extra competition. That opens up the question of is it better to suspend the program to protect a subgroup, or is it better to expand the economy as a whole.
- adamrezich 1y agoIn order for such a statistic to be useful, you'd not only have to demonstrate it, but also demonstrate evidence that companies they start add more non-H-1B jobs to the market than they add more H-1B jobs to the market.