03/07/2009
Dr. Norm Matloff writesI strongly encourage you to contact CNBC regarding the terribly one-sided show they ran today, on which I just sent out a posting to my e-newsletter.[Below] You can e-mail them.The discussants on the show took it for granted that employers must be hiring H-1Bs because the H-1Bs are better, when we all know that it’s because they are cheaper. Two congressionally-commissioned reports, plus a number of academic studies have shown this.
And the hiring of H-1Bs for cheap labor is done by nearly ALL employers, not just the body shops.
Only a tiny fraction of the H-1Bs are "the best and the brightest." You can see this right away from the salaries. The median H-1B salary for software developers is around $60K, whereas the top talents make well over $100K.
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