BW - U.S. Job Losses Not Due to H-1B Visas, Report Says

From my archive of press clippings:

Business Week

U.S. Job Losses Not Due to H-1B Visas, Report Says

March 30, 2009, 9:38AM EST

New H-1B visa holders don't make much of a dent in the U.S. workforce, according to a report by the National Foundation for American Policy

By Deepshikha Monga

US lawmakers may be busy putting restrictions on the country's primary temporary work visa, H-1B, but new H-1B visaholders each year represent just seven in 10,000 civilian workers in the US, according to a report by an American public policy organisation.

Read the whole article here.

Snippet(s):

"As per the report by the National Foundation for American Policy (NAFP), 1,07,686 new H-1B petitions were approved by the US Citizenship and Immigration Services in 2008, including those exempt from being included in the H1-B quota of 85,000 visas annually. In comparison, the American civilian labour force stood at 154.6 million in 2008.

The US Senate recently cleared a bill that restricts hiring of H1-B visa holders by financial services firm receiving government bailout funds."