re: Microsoft Says 6,000 Jobs Open, Wants More Visas
The problem here is that you are conflating the current pool of people obtaining recent and new STEM degrees with the available pool of candidates. InformationWeek regularly runs salary surveys and when I look at all the tech jobs available by their requirements and compare that to the offered salaries, rarely do I see a correspondence with the actual salaries paid according to the surveys for those skill sets. This indicates a serious disconnect between what is on offer as compared to what is required.
Yes, adding additional H1B workers will satisfy the need as those workers are willing to accept a lower salary than the market. This sure isn't rocket or nuclear engineering, which I can do as well. It's basic supply and demand, supply increases, salaries decline. Where are the natural market force results under increased demand with constant or (supposedly declining) supply? I should also point out that when you survey people as to which choices of fields of study they are interested in, you also find a market at work. When salaries of individuals in tech fields were high and rising at much higher than the inflation rate, the number of people from the US entering the field was rising. As the salaries, and wage growth rate, declined relative to other fields, guess what? The number of people entering the field as well as the number of US students declined. Similar alarms were also raised about the number of children from elementary to high-school interested in those fields.
Microsoft, and other firms, are making a rational, economic, argument in their own interest. Increase the supply of technical workers, and assure their availability for the near future, by increasing H1B workers makes sense. Where it does not make the least bit of sense is in relation to the interests of the workers native to this country already. They'd much rather get paid the market wage. This also ill portends for the future when disinterest by US citizens for STEM, or any tech, fields in only accelerated.
Sorry, but we are looking at an interlocking set of socio-economic relationships and simple answers have real consequences through demographic feedback loops. I understand those. Apparently not many, especially our best, bought politicians.