H-1B Visas Increase Opportunities for US Workers, NASDAQ CEO Reports

According to NASDAQ CEO, Robert Griefeld, H-1B visas do not take away available jobs from US citizens; instead, Griefeld says, for every H-1B visa, technology companies increase employment by five workers. In a recent Congressional hearing, Griefeld shared data from recent studies that refute the myth that H-1B visas limit opportunity for US workers.

“Let me take the job stealing issue head-on,” Griefeld said. “Opponents of enhanced legal immigration argue that when a foreign-born, highly skilled immigrant gets a job, American graduates are the losers … But my research and experience tell me quite a different story. For example, the National Federation for American Policy says that for every H-1B worker requested, US technology companies increase their overall employment by five workers.”

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