{"id":1156,"date":"2021-12-06T14:09:01","date_gmt":"2021-12-06T14:09:01","guid":{"rendered":"https:\/\/www.h1btransfersusa.com\/blog\/?p=1156"},"modified":"2021-12-06T14:09:02","modified_gmt":"2021-12-06T14:09:02","slug":"us-needs-immigration-reform-to-prevent-9-million-job-vacancies-over-next-decade","status":"publish","type":"post","link":"https:\/\/www.h1btransfersusa.com\/blog\/us-needs-immigration-reform-to-prevent-9-million-job-vacancies-over-next-decade\/","title":{"rendered":"The US needs immigration reform to prevent 9 million job vacancies over next decade: Report"},"content":{"rendered":"\n<p>Immigration Reform: Assuming the <strong>US <\/strong>does not take steps to counter the shortage of <strong>high-skilled workers<\/strong> in the country, it could result in more than <strong>9 million<\/strong> job opportunities and<strong> $1.2 trillion<\/strong> in lost production throughout the following decade, as indicated by a report published by a <strong>network of technology <\/strong>CEOs.<\/p>\n\n\n\n<p>With the US not producing enough <strong>skilled degree holders<\/strong> to fill demand, extending<strong> high-skilled immigration<\/strong> is the best solution for contracting the current skills gap and contributing to new business improvement and economic growth, said the report, issued by<strong> TechNet.<\/strong> Despite the positive effects of immigration and the growth of the US economy, the current <strong>H-1B visa guidelines<\/strong> have remained unchanged over the past 14 years.<\/p>\n\n\n\n<p>&#8220;We are in a global race for talent. The <strong>United States<\/strong> should welcome the world&#8217;s best and the brightest, and their families, so they can give their talents to work for the <strong>American economy<\/strong>,&#8221; said Linda Moore, president, and CEO, TechNet.<\/p>\n\n\n\n<h2>Immigration reform to prevent 9 million job vacancies<\/h2>\n\n\n\n<p>While education reform is critical to narrow the <strong>skills gap<\/strong> in the future. This is a <strong>two-decade<\/strong> investment and will not solve the current shortage of <strong>skilled worker<\/strong>s in the US. As indicated by the report, &#8216;Closing the Skills Gap: The Data Behind Talent Shortages, <strong>High-Skilled Immigration <\/strong>and Economic Impact&#8217;.<\/p>\n\n\n\n<p>&#8220;The United States used to be the top destination for the<strong> world&#8217;s best<\/strong> and brightest innovators looking for a home for their organizations. Unfortunately, that has changed. Because of our outdated <strong>immigration system<\/strong>, the technology sector is presently going to different nations. Such as Canada, which welcomes highly <strong>skilled immigrants <\/strong>and provide organizations with the flexibility they need to grow and thrive. Congress can change that,&#8221; said <strong>Congresswoman Zoe Lofgren<\/strong>, chair of the House Immigration and Citizenship Subcommittee. &#8220;By modernizing our <strong>immigration laws <\/strong>and creating a committed visa for founders of new companies. We can accelerate <strong>economic growth<\/strong>, create jobs for American workers. Also, guarantee our nation is the top choice for the next generation of entrepreneurs worldwide.\u201d<\/p>\n\n\n\n<h3 class=\"has-text-align-right\">[<a href=\"https:\/\/www.h1btransfersusa.com\/blog\/9-drop-in-h-1b-visa-holders-in-the-us-highest-in-a-decade\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-inline-color has-vivid-red-color\">9% Drop in H1B Visa Holders in the US, Highest in a Decade<\/span><\/a>]<\/h3>\n\n\n\n<p>The latest information shows that there are more than <strong>10 million<\/strong> job opportunities. Across the US with more than <strong>7 million <\/strong>individuals unemployed. The ability to find workers is harming business bottom lines. TechNet&#8217;s report showed <strong>64% <\/strong>of employers report a skills gap at their organization and that failing to lessen the current skills gap. It could bring down productivity by <strong>51%<\/strong>, depress economic growth by<strong> 42%<\/strong>, and decrease innovation by <strong>43%<\/strong>.<\/p>\n\n\n\n<p>Further, it adds that this does not occur at the cost of <strong>American workers<\/strong>. Information from the report showed <strong>immigration<\/strong> helps employment and earnings potential for <strong>American employees<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Immigration Reform: Assuming the US does not take steps to counter the shortage of high-skilled&#8230;<\/p>\n","protected":false},"author":1,"featured_media":330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[1072,917,81,1071,131,658,1070,34,36,109,1073,100,253],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US needs immigration reform to prevent 9 million job vacancie over decade<\/title>\n<meta name=\"description\" content=\"The US needs immigration reform to prevent 9 million job vacancies over next decade. 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