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Skilled Immigrants Are Leaving the U.S.

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Posted

http://www.businessweek.com/technology/content/feb2009/tc20090228_990934.htm?chan=rss_topStories_ssi_5

Why should we care? Because immigrants are critical to the country's long-term economic health. Despite the fact that they constitute only 12% of the U.S. population, immigrants have started 52% of Silicon Valley's technology companies and contributed to more than 25% of our global patents. They make up 24% of the U.S. science and engineering workforce holding bachelor's degrees and 47% of science and engineering workers who have PhDs. Immigrants have co-founded firms such as Google (GOOG), Intel (INTC), eBay (EBAY), and Yahoo! (YHOO).

They were highly educated, with degrees in management, technology, or science. Fifty-one percent of the Chinese held master's degrees and 41% had PhDs. Sixty-six percent of the Indians held a master's and 12.1% had PhDs. They were at very top of the educational distribution for these highly educated immigrant groups—precisely the kind of people who make the greatest contribution to the U.S. economy and to business and job growth.

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Posted

There's a clause in the bill that Obama signed that says that the bailed out companies can not file for a H1-b visa (temporary work permit for immigrants) any longer. They can however hire consultants on that particular visa type, as long as they are employed on another company's payroll - consulting company.

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Posted

Immigration's ruining this country!!!!

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Posted

Degrees from some other countries are very easy to get, India being one of them.

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Posted

These are intelligent, hard-working people that overall contribute to society arguably more than the average Joe born in the US. It doesn't matter if they got a degree that was easy to obtain - they've already proven they are capable contributors.

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Posted

There's a clause in the bill that Obama signed that says that the bailed out companies can not file for a H1-b visa (temporary work permit for immigrants) any longer. They can however hire consultants on that particular visa type, as long as they are employed on another company's payroll - consulting company.

I'm sure that has some effect, but overall I would think very little.

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Posted

Degrees from some other countries are very easy to get, India being one of them.

I imagine its just like the US. Some schools are relatively easy irt degrees, others are harder.

If you can play football, all you have to do is drive thru a SEC campus and they will throw one in your car. Or so said Lewis Grizzard. :)

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