Saturday, March 15, 2008

H-1B professional visas creating jobs in US: study

By Arun Kumar
Washington, March 14 (IANS) American businesses are finding it hard to fill skilled positions even as H-1B visas that bring in foreign professionals, including a large number from India, are creating jobs in the US, shows a new US study.
Confirming Microsoft Chairman Bill Gates' contention that an arbitrary cap on H-1B visas is forcing them to outsource jobs, the study shows major US technology companies today average more than 470 job openings for skilled positions in the US while defence companies have more than 1,265 each.
A second complementary study by the National Foundation for American Policy (NFAP) found after examining H-1B filings and year-by-year job totals for the technology companies in the Standard & Poor (S&P) 500 that hiring skilled foreign nationals on H-1B visas is associated with increases in employment at US technology companies.
Read more:http://www.khabrein.info/index.php?option=com_content&task=view&id=13222&Itemid=88

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