Right. Demand is fairly rigid from companies who need the labor. But they, as for-profit entities, want to maximize shareholder value, so instead of paying market rate for labor when the market rate is high, companies attempt to decrease the market rate by increasing labor supply through a variety of means - lobbying for modern indentured servitude (H1b's), shipping jobs overseas, etc.
This stands in direct contrast to the stated arguments they use to justify such moves, like "there isn't sufficient talent inside the US". There is sufficient talent inside the US, it just comes with a price tag they don't like.
skeledrew|6 days ago
anonym29|6 days ago
This stands in direct contrast to the stated arguments they use to justify such moves, like "there isn't sufficient talent inside the US". There is sufficient talent inside the US, it just comes with a price tag they don't like.