Tag: brain drain

“The United States boasts more international students, immigrant inventors, and foreign-born Nobel laureates than any other country. But thanks to our dysfunctional immigration system, the U.S. is slowly surrendering that advantage to other countries.”

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“Demand for H-1Bs far outpaces supply, and the annual cap of 85,000 visas has not changed in more than 15 years. Three-quarters of America’s H-1B workers are Indian. But thanks to caps on the number of green cards a given country’s nationals can receive each year, there is a massive backlog of workers waiting for permanent residency. It can take decades for Indians to achieve that status.”

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” It is not just foreign workers who suffer under the U.S. immigration system. American employers are increasingly unwilling to navigate such complex processes to hire foreigners, depriving them of employees who might otherwise be perfect fits. Envoy Global, an immigration services provider, reported in March that 82 percent of the employers it surveyed “had to let go of foreign employees in the past year due to difficulties securing or extending an employment-based visa in the U.S.” A similar share transferred foreign workers to an office abroad for similar reasons. And a staggering 93 percent of the businesses that Envoy surveyed said they were considering nearshoring or offshoring.”

https://reason.com/2023/09/26/americas-immigrant-brain-drain/