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A comment on ‘two years of lost immigration’ is responsible for half missing workforce. Parent comment

Re:‘two years of lost immigration’ is responsible for half m... by throwaway2729 on Thursday December 15, 2022 @07:18PM (#34007754)
You are correct except that it's L1 visa driving wages down. H1Bs are typically employed at FAANG and are paid top of the market. Instead of a lottery system, they should use it for top of the market jobs or proven specialization like published papers in that field or certifications.
[ Parent | on HN ]
Re:‘two years of lost immigration’ is responsible for half m... by ralph84 on Friday December 16, 2022 @01:24AM (#34011184)
There are way way more H1Bs working for bodyshops that lease them to non-FAANG Fortune 500 companies than work for FAANG.

https://h1bdata.info/topcompanies.php

8 of the top 10 H1B filers are bodyshops. And of course the average salary for the 8 bodyshops is way below the 2 non-bodyshops.

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