Good luck to Trump sourcing high-skilled workers (usually H-1B visa holders) from the mainland. Roughly 1 in 10 Americans have a Masterβs degree and like 2% have a PhD, both typically needed in High Tech industries.
On the flip side India/China will take a breather from bleeding their top talent to the US while this new $100k/yr/visa holder tax remains in place. π§
I must be missing something here.
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Using the $100k/yr to fund American students masters or PhDs will just make it even more expensive for those not getting that benefit. Oh well!
It might not be quite as hard as you'd imagine.
The feds have parted with thousands, maybe tens of thousands, of employees with those credentials.
They've also cancelled an enormous number of research grants.
The job market is a bloodbath for PhDs right now.
The h1b was a scam nevent1qqst3gfzqxztl5g7z2dy7zrm54gplwlmx6l4mssp49h4a7kvca2e0ag779zpw
Masters and Phds does mean a worke
Masters and Phds does mean a worker is high skilled, or the inverse.
Does not mean*
Clever move I have to say, those freed PhDs are likely to be more productive in the private space
And I agree with that, but if the job listing says We need a Master on X or a PhD on Y⦠someone will need to budge
Yes, there are some technical foundations required for some work. There are exceptional people born around the world.
Remove the scamming, and rigging in the system at the expense of Americans, and then revisit the question of technical talent shortage.
Originally the h1b was working ok, but in the last ~10 years there were couple companies, like Tata, that pushed a lot of people through it that were not as highly skilled.
This week, an US recruiter is coming to my kid's school selling the virtues of her US university. No way I'm advising him to apply Physics there. I'm advising him to stay and work in Europe.
I'm telling you this while remembering my Berkeley application in the 90's.
Now working for an European firm instead of working for an US firm.
Why apply for a PhD when you can apply for ICE and get 50k USD on the spot ?
You think so ?
Good luck certifying that the foundation for that bridge allow a 7.5 earthquake without collapse and that your firm can spend 250M USD building it.
Maybe you will seek a PhD signature on that piece of paper...
For sure. There was also a major reform to how grant funds can be spent by universities, which will take a huge toll on administrative staff. Some of them have advanced credentials, too.
Many times, the companies are forced to say that their jobs need the degree, otherwise their existing visa employees would be at risk.
It's all optimized just for the sake of the bureaucracy, it has little to do with what the people or the economy needs.
Certainly.
While there is the case certain positions require very specific skillsets, the default can safely assumed to be low cost indentured servitude arbitrage.
There are non-h1b pathways that allow for exceptional abilities, and papers clearance for national interest.
Agreed.
When the company has a crucial talent, the H1b pathway is too risky (lottery) and costly (time) to go through.
It's good enough for the steady stream of commodotized entry level desk jockeys for the large corporates, though.