Thursday, July 11, 2013

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Rise in H-1B must for US economy: 100 IT CEOs

More than 100 top American CEOs from technology sector, including those from Facebook, Google and Microsoft, have appealed to the Senate to approve the comprehensive immigration bill, which they said will open a new path to the country's innovation and economic strength.

In a letter to all members of the Senate, the CEOs said they strongly believe the reforms in the bill, that impact high skilled immigration including key improvements in the availability of both green cards and H-1B visas, will help address the national talent shortage in the near-term.

In addition, it will also create a long-term pipeline of American workers through establishing a much-needed new fund for science, technology, engineering and math (STEM) education, including computer science education, said the letter from more than 100 executives from the technology sector and leading innovation advocacy organisations.

The comprehensive immigration bill (S.744) will also protect and better prepare American workers, and enable employers and entrepreneurs of all sizes in every state to recruit and retain the world's best talent, the letter said.

"Senate approval of S.744 is essential for our economy to continue to foster innovation and invigorate many US business sectors through an educated and highly skilled workforce of domestic and foreign-born talent," it said.

Read More at http://timesofindia.indiatimes.com/tech/tech-news/outsourcing/Rise-in-H-1B-must-for-US-economy-100-IT-CEOs/articleshow/20712406.cms

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