Bloomberg: Lack of worker visas stalled economic growth in Research Triangle
Date: June 5, 2014
The technology community in North Carolina and across the country continues to press for an immigration overhaul. Their latest effort involves a new self-funded report that argues existing visa lottery caps hurt U.S.-born tech workers in the Research Triangle.
The pro-overhaul group, Partnership for New American Economy, released a new report Wednesday that contends U.S. workers are hurt because visa caps slow job creation and wage growth in computer-related fields. The partnership, led by former New York Mayor Michael Bloomberg, reports that H-1B visa denials in 2007 and 2008 led to 2,500 fewer tech jobs for American-born workers in the Raleigh/Durham area.
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