Our estimates indicate that H-1B admissions at the current levels are associated with a 5-6% drop in wages for computer programmers and systems analysts. Offshoring appears to lower the wages of a slightly broader class of IT workers, including IT managers, by about 3%. These effects are larger for employees exposed to external labor market forces, such as new graduates or job-hoppers.
To the best of our knowledge, the analysis in this paper is the first to provide evidence that H-1B employment and offshoring put downward pressure on the wages of US IT workers in some occupations.
Although our findings suggest that the negative effects of globalization may be substantial for some workers, it is critical that policy makers weigh these effects carefully against the macro-level economic effects. Offshoring will most likely remain a necessary and important part of the global economy, and there is substantial evidence that H-1B admissions appear to directly improve levels of innovation and entrepreneurship, which in the long term should create new jobs and raise demand for technology workers in other areas.
"Most foreign tech workers, particularly those from Asia, are in fact of only average talent. Moreover, they are hired for low-level jobs of limited responsibility, not positions that generate innovation. This is true both overall and in the key tech occupations, and most importantly, in the firms most stridently demanding that Congress admit more foreign workers."
To the Title... well duh... Even if it's true that these people are getting paid the same, if there are more people going for the same job, the employer will be able to offer a lower salary and whoever is desperate enough for the job will take it. And that is usually gonna be the Visas.
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