Executive Briefings

Mayor Bloomberg Calls Visa Caps on Foreign Students, Workers "National Suicide"

New York City Mayor Michael Bloomberg is calling for "eliminating the cap on H-1B visas" and believes restrictive U.S. visa policies - particularly the limiting of employment-based green cards - are a form of "national suicide."

Bloomberg, who spoke at the U.S Chamber of Commerce about national competitiveness, has been an advocate for eliminating the visa cap, easing access to employment-based green cards, and doing more through visa policies to attract foreign entrepreneurs and encourage foreign students to remain in the U.S.

But Bloomberg's call for more H-1B visas comes at the same time the pace of visa demand is relatively low, as is IT hiring overall. In the immediate pre-recession years, available visas disappeared in a week.

In his speech, Bloomberg said that "temporary visas like the H-1B program help fill critical gaps in our workforce, but the numbers are too few and the filing process too long and unpredictable."

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New York City Mayor Michael Bloomberg is calling for "eliminating the cap on H-1B visas" and believes restrictive U.S. visa policies - particularly the limiting of employment-based green cards - are a form of "national suicide."

Bloomberg, who spoke at the U.S Chamber of Commerce about national competitiveness, has been an advocate for eliminating the visa cap, easing access to employment-based green cards, and doing more through visa policies to attract foreign entrepreneurs and encourage foreign students to remain in the U.S.

But Bloomberg's call for more H-1B visas comes at the same time the pace of visa demand is relatively low, as is IT hiring overall. In the immediate pre-recession years, available visas disappeared in a week.

In his speech, Bloomberg said that "temporary visas like the H-1B program help fill critical gaps in our workforce, but the numbers are too few and the filing process too long and unpredictable."

Read Full Article