Gates Calls for Increase in Tech Labor Supply
Randeep Igochyorjob writes "Reuters is reporting that
Bill Gates is asking for the removal of quotas for guest workers by removing the caps on non-immigrant alien workers. In a mild attempt at balance, buried near the end of the story, the article also says "Undersecretary of Commerce Phil Bond, a top Bush administration technology official, pointed out that the unemployment rate for engineers is above the national average." I'm wondering if raising wages might attract the "needed" workers from domestic sources or is Gate's request "necessary to remain competitive and innovative"."
It's all about raising the value of their stock. Which is the same way Jobs makes his $$$ but it kills jobs but some investors wealthy.
http://www.h1b.info/
Microsoft in November 2002 announced plans to build a half-billion dollar complex in Hyderabad, India. With this new development center, Microsoft can use L-1 visas to displace further US citizen employees and will not be subject to H-1B caps. Other major companies in the US are doing the same. This is why reform is needed across all US visa types and not just for H-1B visas alone. It was through the use of these "special" visas that all of the September 11th terrorists secured admittance to the United States. There is virtually no security or monitoring of these special visa holders.
I live in Seattle. I don't code, I'm a PM - but I know plenty of out-of-work coders who aren't even offered an interview because they don't have the right bullshit "keywords" on their resumes. Some of the people I know can write assembly, build synthesizers from scratch, and handle kernel mode Windows coding. Guess what? They aren't finding jobs. It's not because they "aren't looking hard enough", it's because they're being offered $40-50k for $70-80k worth of work, and they won't take that shit.