- MENU
- HOME
- SEARCH
- VIDEOS
- WORLD
- MAIN
- AFRICA
- ASIA
- BALKANS
- EUROPE
- LATIN AMERICA
- MIDDLE EAST
- United Kingdom
- United States
- Argentina
- Australia
- Austria
- Benelux
- Brazil
- Canada
- China
- France
- Germany
- Greece
- Hungary
- India
- Indonesia
- Ireland
- Israel
- Italy
- Japan
- Korea
- Mexico
- New Zealand
- Pakistan
- Philippines
- Poland
- Russia
- South Africa
- Spain
- Taiwan
- Turkey
- USA
- BUSINESS
- WEALTH
- STOCKS
- TECH
- HEALTH
- LIFESTYLE
- ENTERTAINMENT
- SPORTS
- RSS
- iHaveNet.com: Economy
by John Feinblatt
Cris Conde came from Chile to study astronomy and physics at
But today, we are losing the next generation of Cris Condes because H-1Bs are simply too difficult to get. The 65,000 annual allotment of H-1B visas is woefully inadequate, and it has been exhausted every year since 2004, often within days. As a result, the American economy is losing out on the scientists and engineers who could launch whole new companies and product lines, creating thousands of jobs for Americans.
Recently, the
The future of the American economy is in our ability to innovate. The U.S. government now estimates that job growth in the innovation-rich fields of science, technology, engineering, and mathematics (STEM) is fully three times that of the rest of the economy. But the supply of workers in these fields lags far behind the explosion in demand. Even with stubbornly high unemployment in this country, more than a quarter of science and engineering employers currently report difficulty in filling open positions. Foreign high-skilled workers can help fill this gap -- and provide U.S. companies with the kind of know-how necessary to compete in the global marketplace.
That's why the more than 400 mayors and business leaders have joined the Partnership for a New American Economy to urge Congress to enact sensible, jobs-based immigration reforms that have -- contrary to the conventional wisdom -- broad bipartisan support. Among likely voters in Iowa's Republican caucus, for instance, a recent poll found that fully 66 percent support more temporary visas for high-skilled workers. It's time for our leaders in Washington to take notice.
WORLD | AFRICA | ASIA | EUROPE | LATIN AMERICA | MIDDLE EAST | UNITED STATES | ECONOMY | EDUCATION | ENVIRONMENT | FOREIGN POLICY | POLITICS
H-1Bs Are Simply Too Difficult to Get