National Cap on Foreign Hire is Maxed Out
With unemployment at its lowest and the demand for skilled and unskilled workers at a high where do business owners turn to fill the empty positions. A large percentage of them hire foreigners; most of which have a H-1B visa. But to the surprise of some high-tech business owners the "National cap on foreign hires is maxed out". 115,000 H-1B visas are accepted each year and that number has already been reached. 74,300 have been approved and 45,000 are still pending approval. Stephen Dahms, an SDSU professor and chairman of a work force committee for Biocom, said, "if the companies haven't had their requests in from the first part of the fiscal year (beginning October 1), they're out of the running". Many high-tech companies such as Qualcomm depend on the employment of foreigners. Many of the high-tech companies have created thousands of jobs in the past years by using foreign hires, in turn creating much success for them by the increased production. There are many business owners that are saying that the cap should be raised. Thom Stohler, director of work force policy for the American Electron
With at least 115,000 and rising receiving their visa each year what does that leave their economy with. It is barely enough to afford the cost of living that is ever so often rising. Unfortunately most American workers are employed, leaving businesses empty handed. daily it is still impacting the congestion. citizens these employees are being used as "cheep labor". March 27, 2000, San Diego Business Journal. economy what does it do the economy of Mexico. Since you don't have to pay foreigners the same wages as U. It is also impacting the rate of pay we are seeing in the high-tech workforce. It is only a matter of time for a percentage of them to apply and receive their citizenship and then Mexico is faced with yet another case of abandonment. Especially in San Diego we are facing extreme overpopulation. workers the keep their labor costs down. While many businesses are using foreign hires to accommodate the need for employees, some are using the visa program to their advantage by paying low wages.
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