|
What Bubble? H-1bs Rise While High-tech Employment Falls |
||||
|
|
High-tech Employment |
H-1b Visas |
||
|
Year |
Total |
Change |
Cap |
No. Issued |
|
1999 |
6,167,246 |
NA |
115,000 |
115,000 |
|
2000 |
6,583,029 |
415,783 |
115,000 |
115,000 |
|
2001 |
6,529,770 |
-53,259 |
195,000 |
163,600 |
|
2002 |
5,917,746 |
-612,024 |
195,000 |
79,100 |
|
2003 |
5,584,713 |
-333,033 |
195,000 |
78,000 |
|
2004 |
5,539,975 |
-44,738 |
65,000 |
65,000 |
|
2005 |
5,601,086 |
61,111 |
65,000 |
65,000 |
|
Source: American Electronics Association, Cyberstates 2006, Appendix A.1 (High-tech employment); Statement of Stuart Anderson, Executive Director, National Foundation for American Policy, House Judiciary Committee on Immigration, Border Security, and Claims, March 30, 2006. (H-1b visas) |
||||
|
Average High Tech Wages, 1999-2004 (in inflation adjusted 2004 dollars) |
||
|
|
Total High Tech |
Total Software |
|
1999 |
$74,222 |
$101,717 |
|
2000 |
$76,112 |
$90,112 |
|
2001 |
$70,769 |
$85,420 |
|
2002 |
$69,484 |
$82,129 |
|
2003 |
$70,797 |
$81,369 |
|
2004 |
$72,440 |
$80,637 |
|
% change, 1999-04 |
-2.4% |
-20.7% |
|
Source: American Electronics Association, Cyberstates 2006, Appendix A.2. |
||
Edwin S. Rubenstein (email him) is President of ESR Research Economic Consultants in Indianapolis.
