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Demand for the visas far exceeds the 85,000 cap, meaning that the government has to ration them to firms by lottery. Indian outsourcing firms like Tata Consultancy Services (TCS), which provides low-cost back-office services, are now the biggest employers of H-1B workers. Analysing data compiled by Théo Négri of jobsintech.io, The Economist found that between 2012 and 2015 the three biggest Indian outsourcing firms—TCS, Wipro and Infosys—submitted over 150,000 visa applications for positions that paid a median salary of $69,500. In contrast, America's five biggest tech firms—Apple, Amazon, Facebook, Google and Microsoft—submitted just 31,000 applications, and proposed to pay their workers a median salary of $117,000.
The Economist reassures us that, "Given that the unemployment rate for college graduates sits at 2.5%, it is fair to say that most native workers displaced by H-1Bs land on their feet."
(Score: 0) by Anonymous Coward on Friday April 21 2017, @04:28AM (6 children)
Uber Trump is in cahoots with the "innovative" "tech" firms. You want a Newer Deal you've got to wait another eight.
(Score: 0) by Anonymous Coward on Friday April 21 2017, @04:36AM (1 child)
But I'll be dead by then. I have a powerful need to eat right now.
(Score: -1, Flamebait) by Anonymous Coward on Friday April 21 2017, @04:41AM
Sorry you don't have the skills to be in demand. Starve to death, loser.
(Score: 0) by Anonymous Coward on Friday April 21 2017, @04:39AM (3 children)
You're crazy if you think he's gonna survive this term AND go on to a 2nd. Unless you thin Erdrogan's tactics are something we should try in the US. Oh wait, we kinda did the weak version already.
(Score: 2, Insightful) by Anonymous Coward on Friday April 21 2017, @04:45AM (1 child)
I want to see a Green victory in 2020 destroy the Democrap party forever.
(Score: 2) by DeathMonkey on Friday April 21 2017, @06:53PM
I want to see a Green victory in 2020 destroy the Democrap party forever.
With such witty rhetoric how could you possibly fail!
(Score: 0) by Anonymous Coward on Friday April 21 2017, @05:34PM
This sort of perspective is exactly why Trump is now president. It's not just your complete lack of any connection with reality I'm talking about but also the incredible hyperbole. We have useful idiots running around in little black outfits trying to disrupt and hurt people for having the wrong views while calling them "fascist nazis." I mean can you get any more lack of self awareness? Trump isn't Hitler, he's not a Russian plant. I think if the election was run tomorrow against another Hillary-like individual we'd likely see not only another Trump victory but one with a much wider margin of victory. Trump's supporters aren't going anywhere and this sort of behavior isn't going to convince liberals that chose to not vote for the democratic candidate to change their mind.
2020 will be a razor sharp election where Trump will have a big natural edge as the incumbent. Given the tides of society, I think the only way 'we' might win is if the democrats run an anti-establishment populist, but even then we're going to be torn apart by things like political correctness, identity politics and immigration. These are all major issues that many hold as very near single issue deciders. And more importantly, I think this election has shown people are no longer willing to just vote for a turd because it's less bad than a shit. So running on "I'm not as bad as your other choice. Vote for me!" isn't going to cut it.
Should be interesting.