Earlier quoted context omitted.
However anecdotal this claim may be, it seems fairly intuitive given the basic economic model of supply and demand. Can you explain how greatly increasing the supply of developers by importing them from overseas will not affect the demand, and therefore negatively affect the cost of labour?
Software engineers have a habit of assuming problems are more intuitive than they actually are. Even with H1B, there are literally not enough engineers in the Valley to saturate the demand from companies. BLS estimates that the number of employed software engineers will go up 24% next year, that’s insane. Also, I’m not seeing this supposed depression in salaries. The median salary for a software engineer is 103k a ye…
Why is this? This sounds like a huge U.S. talent development problem. How does this visa change help to fix this issue?
>I can’t find any to prove that H1Bs are dragging down salaries.
The very fact that the number of employed software engineers is expected to go up by 24% in a single year is the evidence you're looking for that there is a massive supply distortion in the labor market.