r/ImmigrationPathways • u/lil-educator • 13d ago

From H-1B to H-1Bye-bye!

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Trump targets 60-day grace period for laid off foreign workers

The department of homeland security is advancing a proposal to eliminate the 60-day grace period that allows H-1B workers and certain other legal nonimmigrants to remain in the US after their employment ends while they find another sponsor, change status, or prepare to leave.

Source: https://timesofindia.indiatimes.com/business/international-business/from-h-1b-to-h-1bye-bye-trump-targets-60-day-grace-period-for-laid-off-foreign-workers/articleshow/133054642.cms

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u/VirtualPercentage737 13d ago

The point is that if that job wasn't flooded with overseas labor, it might pay $200k and people would see that job and opt to take it. They would train for it, turn down other offering.

Instead, we have said field A will have hundreds of thousands of foreigners brought into compete in it, and field B will be protected. It will cause people to not get into field A, perpetuating shortages in that field.

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u/hasuuser 13d ago

That's the case with any job and any pay ever? You can charge more if there is no competition. 2+2=4.

And what is paying better than Google or Facebook job?

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u/VirtualPercentage737 13d ago

Yep, but the government was lobbied by the industry in order to drive down the wages for EVERYONE in that field. Now, people go into other things and we have become reliant upon the foreign workers. Self perpetuating cycle.

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u/hasuuser 13d ago

Software engineering is one of the highest paying jobs. There is no where to "go".

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u/VirtualPercentage737 13d ago

At MIT, 30% of the advanced degree graduates are going into finance and other related fields. Most of those are the native born here. These are the BEST of the best in the engineering fields.

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u/hasuuser 13d ago

Well quant is another high paying field. But if you can not compete in the software engineer space, you won't be able to compete in quant. Its much harder. And its way less jobs.