The USA benefits enormously from skilled immigration: "doubling the size of the US H1B visa program increases US and EU growth by 4% in the long-run"
From a recent paper here: https://academic.oup.com/qje/advance-article-abstract/doi/10...
Disclaimer: I don’t live in the states, but I can understand the frustration.
Not when it's in fashion to perform large traditional layoffs and "stealth" layoffs via RTO mandates and other unpleasantness.
Maybe things will substantially change within a year or two, but I'm skeptical.
But as soon as it's their own market that introduces additional competition, they will advocate "just pay people more, the job seekers exist, just not at the wages employers are offering, this extra competition only depresses American wages".
Which one is it? Is it "competition for other classes, no competition for my class please"?
There are relatively few high skilled, high paying jobs which Americans don’t want to do.
...which are where they are in no small part due to decades of immigration policy.
For instance, if working on an Alaskan fishing boat pays $2,000 a week, you might take the job despite harsh conditions. At $200 a week? Unlikely. But for someone from a less-developed country, $200 might feel like $2,000.
Remove the supply of lower-cost workers, and the resulting labor shortage drives wages up, seeking equilibrium in the market.
What's not adding up is the qualifications of those people that got overhired.
People don't like the fact that they actually need to be competitive in skills to get a job. Had there been no H-1Bs, they could submit a resume and immediately get a job offer!
No joke. I look around in my company, Indians and Chinese (among others) are good at their jobs and do amazing work.
Some people just don't like that. They blame not being able to get a good job offer on Indians taking away the opportunity, not themselves being good developers.
This post is the place where they can vent.
Companies like Google and Meta don't pay people on H1B 400k/yr just so that they walk around doing nothing.
>That says more about your company, and perhaps yourself, than anything else.
Why? You're simply sure the parent and the companies they work for are bad at hiring, or racist, or what? You've offered nothing but a spit in the face.
Maybe he's so good everyone is less skilled than he is.
There are plenty of smart and excellent workers who come mainland China and India for sure but there are plenty of people who don't or come through the abuse of the program.
If CS degrees from non-top-4 schools are not valuable, best to get that out so US students are not studying useless degrees.
In the past, I've seen a lot of new-grad hires from the top 30 or so schools, but not so many from the top 5. More likely Michigan, Maryland, or Washington than Stanford or MIT (I'm on the West Coast). Pandemic-era Stripe was an exception, they seemed to hire only top 5, but they were also offering outrageous pay at that time.
Someone graduating from a school not in the top 30 probably needs to adjust their expectations away from Google or Meta, at least for a first job, unless they have good connections and interview very well.
Back to your original point though, I think it's plausible that most schools not in the top 30 (charitably, top 50) are actually incapable of some combination of (1) attracting sufficiently smart and motivated students and (2) educating them adequately.
Who actually benefits?