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A comment on Canada plans brain drain of H-1B visa holders, with no-job, no-worries permits. Parent comment

Re:Canada plans brain drain of H-1B visa holders, with no-jo... by moneywoes on Wednesday June 28, 2023 @09:28AM (#36506143)
Hmm curious but wouldn’t they also suppress wage growth for local Canadians as well?
[ Parent | on HN ]
Re:Canada plans brain drain of H-1B visa holders, with no-jo... by bluefirebrand on Wednesday June 28, 2023 @09:41AM (#36506318)
Nothing new there.

Wage growth in Canada isn't just stagnant it's terminal.

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Re:Canada plans brain drain of H-1B visa holders, with no-jo... by Fire-Dragon-DoL on Wednesday June 28, 2023 @09:47AM (#36506409)
You haven't seen terminal wage growth yet. The salaries I looked at in Italy are the same of 10 years ago, within a 100€ (sometimes down!)

Disclaimer: I did move to Canada from Italy, one of the reasons was the insanely low salaries for IT

[ Parent | on HN ]
Re:Canada plans brain drain of H-1B visa holders, with no-jo... by aprdm on Wednesday June 28, 2023 @07:33PM (#36514223)
Canada is the 2nd or 3rd country that pays more for SWE in the world, what are you talking about ?
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Re:Canada plans brain drain of H-1B visa holders, with no-jo... by dkjaudyeqooe on Wednesday June 28, 2023 @09:39AM (#36506282)
No, unless there is a worker shortage which would push up wages in the shorter term but reduce the number of jobs in the longer term as companies fled to countries that had available workers, or implemented automation.

Basically there isn't a fixed number of jobs. As you add people you need more jobs to provide goods and services for those extra people.

[ Parent | on HN ]