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Re:U.S. Changes Visa Process for High-Skilled Workers by zjaffee on Wednesday January 30, 2019 @11:30PM (#19042344)
From an economics perspective, unless the hiring of more software engineers results in an increased demand for software engineers (i.e. there being a significant latent demand), H1B absolutely then lowers the earnings potential of engineers. Especially those earning more towards the middle and bottom of the market.

I'd also add that BLS data suggests that this induced demand isn't true. As the projected employment growth for engineers between 2016 and 2026 is 600,000 where there are around 60,000 people graduating with computer science bachelor's degrees every year in the US and even more getting masters or doing bootcamps.

Re:U.S. Changes Visa Process for High-Skilled Workers by femiagbabiaka on Wednesday January 30, 2019 @11:44PM (#19042407)
There aren't 60k people graduating with computer science bachelor's degrees every year in the US from any source I can find: https://datausa.io/profile/cip/110701/.

And the projections are for 300k, not 600: https://www.bls.gov/emp/tables/fastest-growing-occupations.h....

where are you getting your data from?

Re:U.S. Changes Visa Process for High-Skilled Workers by zjaffee on Thursday January 31, 2019 @12:04AM (#19042492)
There are more job codes for software engineers than just the one listed on that fact table.

https://www.bls.gov/ooh/computer-and-information-technology/...

Additionally, you can see what degrees people are graduating with here https://nces.ed.gov/fastfacts/display.asp?id=37

So yes my numbers are correct if not lower than they should be for both.