WSJ: H-1B Visas Keep Down U.S. Tech Wages, Study Shows

Re:WSJ: H-1B Visas Keep Down U.S. Tech Wages, Study Shows by dragonwriter on Tuesday March 14, 2017 @07:40PM (#13872560)

> I would argue that a shortage at the market price implies that buyers would buy more at the market price if more of it was available.

That can just be a current price below the equilibrium market price; I'd argue that a shortage is a specialized instance of that resulting from a transitory decrease from long-term supply (or increase from long-term demand) that is expected to revert to normal.

But if you need annual supplements of labor for the same field over a period of decades, that's not a labor shortage, its price being artificially suppressed (and inhibiting market signals that would develop domestic supply faster.)

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Re:WSJ: H-1B Visas Keep Down U.S. Tech Wages, Study Shows by dllthomas on Tuesday March 14, 2017 @11:11PM (#13873533)

> But if you need annual supplements of labor for the same field over a period of decades, that's not a labor shortage, its price being artificially suppressed

Theoretically, couldn't it also be that demand is consistently growing faster than anticipated (even after whatever corrections are made upon discovery that it previously grew faster than anticipated)?

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