If President Donald Trump can push his H-1B reforms into 2021, he will dramatically increase the marketplace power of U.S. college graduates, complains a top manager at the Fortune 500 business group the Conference Board.
“If the [H-1B] suspension continues beyond 2020, recruiting high-quality tech workers could become much more difficult,” wrote Gad Levanon, who heads the group’s Labor Market Institute that has repeatedly recognized that a smaller supply of workers tends to raise wages and salaries.
Under Forbes‘ headline, “Tech Workers Were Already Hard To Find. The H-1B Visa Suspension Just Made Recruiting Them Even Harder,” Levanon wrote:
Hundreds of thousands of foreigners will no longer be able to attain work in the U.S. as a result.
This halt will deal a one-two punch to employers of computer-related occupations, which includes jobs such as software developers and computer systems analysts. First, people in this field receive the overwhelming majority of H-1B visas. Out