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.”