Wednesday, July 2, 2008

Tech Sector Suffering Due to Restricted Immigration

Fast Company and The New York Times are reporting that the tech sector is suffering restrictions on immigrant work visas.

In 2001, 6.5 million people were employed in the technology sector. By 2006,that number had dropped to 5.8 million. But, jobs did increase by 2.5 percent from 2005.

This New York Times article reports:

"Because the federal government does not issue a sufficient number of green cards or work visas to talented foreign students studying here, there are a “tremendous number of unfilled jobs,” said Christopher Hansen, AeA’s chief executive.

We are educating people from other countries to go back to home and expand the technology sector there, meanwhile America loses its high-tech edge.

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