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Indian IT Sector Warns Against US Visa Bill (reuters.com)
India's IT lobby warned on Tuesday that a bill before the U.S. Congress aimed at imposing tougher visa rules unfairly targets some of its members and will not solve a U.S. labor shortage in technology and engineering. From a report on Reuters: Industry lobby group Nasscom was responding to a bill introduced by Congresswoman Zoe Lofgren, a Democrat from California, that would double the minimum salary required for holders of H-1B visas to $130,000 and determine how many of the visas were allocated, based on factors such as overall wages. India's $150 billion information technology sector, led by Tata Consultancy Services, Infosys and Wipro, uses the H-1B visas to fly engineers and developers to service clients in the U.S., their biggest market, but opponents say they are using the visas to replace U.S. workers. Concerns about President Donald Trump's immigration policies were heightened by his ban on refugees on Friday. "The Lofgren Bill contains provisions that may prove challenging for the Indian IT sector and will also leave loopholes that will nullify the objective of saving American jobs," Nasscom said.
Low Cost Labor Shortage
Not sure if this will affect Trump's resorts flying in seasonal workers from Romania because not enough American's apply to their 3-day ads in small local papers.