National Cap on Foreign Hire is Maxed Out

With unemployment at its lowest and the demand for skilled and unskilled workers at a high where do business owners turn to fill the empty positions. A large percentage of them hire foreigners; most of which have a H-1B visa. But to the surprise of some high-tech business owners the “National cap on foreign hires is maxed out”. 115,000 H-1B visas are accepted each year and that number has already been reached. 74,300 have been …

…with yet another case of abandonment. Foreign hiring is a solution for our current economical dilemma of employee shortage. It is hard to determine what the long term effects are actually going to be if we continue to bring 115,000 foreigners and rising into the U.S. each year. The question years from now will probably be “now what”? Lets hope not. Bibliography “National Cap on Foreign Hireing is Maxed Out”. March 27, 2000, San Diego Business Journal.