A mere 65,000 H-1B visas for foreign professionals are allocated in the U.S. each year. And this year, as in the previous four, the quota was exhausted almost as soon as the applications became available in April. This effectively means that more than half of all foreign nationals who earned advanced degrees in math and science in 2007 have been shut out of the U.S. job market.
It makes little sense for our universities to be educating talented foreign students, only to send them packing after graduation. Current policies have MIT and Stanford educating the next generation of innovators -- and then deporting them to create wealth elsewhere.
~From today's WSJ editorial American Brain Drain
Well, I am sure that out of those 66,000 more than half are gone to InfoSys and similar Indian consulting companies. How about if you start your quest there. The H1 visas were designed for the reasons that you describe and NOT to help foreign software consulting companies increase the revenues here.
ReplyDeleteI might have missed that but you are not mentioning them here...
Top 20 H-1B Employer list 2006:
ReplyDelete2006 H-1B and L-1 visas in Top 20 list -- Total visas = 48,159
Business Process Outsourcing Specialists (12)
TATA CONSULTANCY SERVICES LIMITED = 8293
INFOSYS TECHNOLOGIES LIMITED = 5202
WIPRO LIMITED = 4841
SATYAM COMPUTER SERVICES LTD = 3830
PATNI COMPUTER SYSTEMS INC = 1831
HCL AMERICA INC = 1421
LARSEN & TOUBRO INFOTECH LIMITED = 1090
I-FLEX SOLUTIONS INC = 876
MPHASIS CORPORATION = 809
TECH MAHINDRA AMERICAS INC = 781
COGNIZANT TECH SOLUTIONS U S CORP = 5746
LANCESOFT INC = 645
Total H-1B and L-1 visas reported = 35,365
Percentage of "Top 20" Total = 73.43%
Accounting Services (2)
ERNST & YOUNG LLP = 913
DELOITTE & TOUCHE = 2067
Total H-1B and L-1 visas reported = 2980
Percentage of "Top 20" Total = 6.19%
Producers of Tangible Goods (6)
MICROSOFT = 3285
IBM CORPORATION = 2367
INTEL CORP = 1222
ORACLE USA INC = 1198
CISCO SYSTEMS INC = 893
MOTOROLA INC = 849
Total H-1B and L-1 visas reported = 9814
Percentage of "Top 20" Total = 20.38%
Source: GRASSLEY, DURBIN RELEASE NEW INFORMATION ON L VISAS
Data: http://grassley.senate.gov/public/releases/2007/062620072.pdf