Global Competition for High-Tech Workers
December 29, 1999

As the U.S. economy keeps chugging along, and technological advancements boost global competition for capital and labor, the U.S. once again is
quickly running out of available H-1B visas for high-skilled workers.

According to a recent report from Inter@ctive Week, while the number of H-1B visas doubled from 65,000 in fiscal year 1998 to 115,000 in fiscal year
1999, the 115,000 number was reached in May, and the Immigration and Naturalization Service (INS) announced in mid-June that it would no longer
take any more applications until fiscal year 2000.  The Wall Street Journal reported on December 28 that the 115,000 H-1B visas cap for fiscal year 2000
may be hit in January.

Clearly, in order for U.S. high-tech businesses to compete in a tight global market for highly skilled workers, the U.S. needs to lift the available allotment of H-1B visas.  Indeed, the best policy would be to eliminate such caps altogether.

 
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