Immigration and the tech industry: As a labour shortage remedy, for innovation, or for cost savings?

Autor:	Norman S. Matloff
Rok vydání:	2013
Předmět:	Labour economics Work (electrical) Immigration policy media_common.quotation_subject Service (economics) Geography Planning and Development Immigration Economics Economic shortage Brain drain Demography media_common Cost savings
Zdroj:	Migration Letters. 10:201-227
ISSN:	1741-8992 1741-8984
DOI:	10.33182/ml.v10i2.144
Popis:	The two main reasons cited by the U.S. tech industry for hiring foreign workers--remedying labour shortages and hiring "the best and the brightest"--are investigated, using data on wages, patents, and R&D work, as well as previous research and industry statements. The analysis shows that the claims of shortage and outstanding talent are not supported by the data, even after excluding the Indian IT service firms. Instead, it is shown that the primary goals of employers in hiring foreign workers are to reduce labour costs and to obtain "indentured" employees. Current immigration policy is causing an ‘Internal Brain Drain’ in STEM.
Databáze:	OpenAIRE
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