alt Hacker NewsBut those H1Bs all come for a very narrow set of work - mostly software development or other adjacent roles. So your 4 million figure that counts all graduates in all fields doesn't make sense when we talk about tech.
There are around 100k U.S CS graduates . You're telling me 100k H1-Bs don't make any impact on them?
You're counting only CS bachelors, in reality there's 400K graduates a year in software engineering fields.
There's also only 60,000 H1-Bs a year for private companies.
Lastly the majority of H1-Bs doesn't go to software engineering jobs, it's around 30-50%.
There's also basically no US company hiring juniors via H1-Bs, so yeah, I'm saying it doesn't make any meaningful impact.
30K H1-Bs versus 400K grads...