Unemployment for tech workers is not currently low, and it is taking months, or even years to find a new role, therefore this argument doesn’t hold water. Wages > consumer excess and profits. The world will go on if you don’t build the app, and perhaps someone else will. The evidence is clear this visa is abused at scale, and this action has been overdue.

https://www.epi.org/blog/tech-and-outsourcing-companies-cont...

https://www.epi.org/publication/new-evidence-widespread-wage...