> ABSTRACT
> We study the effects of H-1B immigration on U.S. industries that employ H-1B workers and their trading partners. Using a novel cross-industry design and the 1999–2003 expansion of the H-1B visa cap for identification, we find that H-1B exposure raised incomes for natives and pre-existing immigrants, with gains concentrated in non-STEM occupations. Income gains propagate forward through supply chains to downstream industries but not backward to upstream industries, consistent with a productivity shock rather than a labor supply shock. We find no direct effect on patenting, suggesting that productivity gains arise from better task execution rather than patentable invention.
seibelj•17m ago
Like anything there is a positive and a negative. It’s certain many incredibly talented people immigrated to America with OPT and H1B. However I have observed abuse with my own eyes of H1B labor outside of the FAANG and similar all stars who don’t have leverage to switch firms within the law and have the money or corporate backing to pay lawyers to dot all the Is and cross all the Ts.
Middle market firms love H1B because you get docile labor who don’t ask for raises. It’s market-warping and needs serious reform
ryzvonusef•1h ago