The U.S. Economy is in need of Highly Skilled Foreign Workers

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Persistently high unemployment rates over the past few years raises questions concerning the need for highly skilled foreign workers who come to the United States on H-1B temporary visas.
Currently, the demand for H-1B workers exceeds the current cap of 65,000 new H-1B visas that can be issued each year.

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Actually, from fiscal year 1997 to 2011, this quota was exhausted by employers before the end of the fiscal year (excluding 2001 to 2003, when the H-1B Visa ceiling was temporarily increased to 195,000 visas a year). Several studies shows that companies employing highly skilled foreign workers with abilities and talents that complement that of native-born workers do create new employment opportunities for American workers. Yet the arbitrary numerical limits placed on H-1Bs are incapable of responding to the changing demand for H-1B workers.

This is unfortunate, given that the international competitiveness of the U.S. economy will continue to depend heavily on the contributions of H-1B professionals and other high-skilled workers from abroad for many decades to come.

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