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Large technology companies in particular like Microsoft and Autodesk are pushing Congress to up the number of H-1B visas available each year

The U.S. government announced this week that work permits in the H-1B visa program are almost entirely depleted for 2013.

According to the United States Immigration and Citizenship Services (USCIS), 55,600 standard H-1B visas have already been issued out of 65,000 for the next fiscal year. In addition, 18,700 H-1B visas for graduates of advanced degree programs were issued in the U.S. out of 20,000. These numbers were posted as of June 1, and USCIS started accepting applications on April 1.

This is a significant increase, considering it took until November to use up all of last year's work permits. It is believed that this is a sign of better economic times, and U.S. companies are pushing for an expansion of the H-1B program.

Large technology companies in particular like Microsoft and Autodesk are pushing Congress to up the number of H-1B visas available each year. This would allow them and other companies in the U.S. to import workers with skills in technology and finance.

According to a study from Partnership for A New American Economy, which is an industry lobby group, the U.S. will have a shortage of 224,000 tech workers by 2018 if more visas are not made available.

The 2013 fiscal year begins October 1, 2012.

Source: InformationWeek

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By tfrog on 6/13/2012 11:50:38 AM , Rating: 2
These visa's remove American dollars from the US economy and stimulate other countries economies far more than they stimulate ours. Most of the money made by these foreign workers tends to end up in their home country than it does this country.

Lastly, corporations are sitting on billions that are supposedly set back to train workers in the sectors that are needed. Where is that money going? I'll tell you. NOWHERE! Companies like Microsoft and Autodesk can employ people under internship much like the stock brokerage industry does with many of it's brokers. Most of those positions are unpaid while they receive training in the field. Many technology companies could and should do this but they won't. Instead they just sit on money they could spend on training those that desire to work in the fields that these companies want. With as many out of work IT people out there, they could easily do this.

And before you go spewing trash about what I'm saying, I'm a CompTIA A+ certified technician who is homeless because I can't afford further training nor get a job in my desired field of employment because of lack of further certifications and my age (52. You want to talk discrimination? Bring it on.

"What would I do? I'd shut it down and give the money back to the shareholders." -- Michael Dell, after being asked what to do with Apple Computer in 1997
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