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[quote=Anonymous]Wondering where the IT jobs went?? H1bs (and OPTs and L1s) A landmark study from Harvard economist George J. Borjas, published by the National Bureau of Economic Research, has confirmed that the H-1B visa program is being used to undercut American workers. After analyzing merged federal data from the Department of Labor, the Department of Homeland Security, and the American Community Surveys, Borjas found: H-1B workers earn 16% less than comparable Americans – a gap of nearly $31,000 per year – after controlling for education, age, gender, occupation, and location. Over a six-year visa term, each H-1B hire saves employers approximately $100,000 in payroll costs. American software developers, the largest H-1B occupation, face a 30% wage disadvantage, and the underpayment is systemic: 75% of H-1B hires occur outside the top 25 firms, with a wage gap of -18.5% across those smaller employers. Perhaps most revealing: when Borjas modeled the impact of charging employers $150,000–$200,000 per visa, demand barely declined – all or nearly all 85,000 annual visas would still be used. The savings from underpaying foreign workers are so large that employers would gladly pay and still profit at the expense of American workers. George J. Borjas, NBER Working Paper No. 34793 (February 2026) https://gborjas.scholars....4793_1.pdf [/quote]
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