Monday, November 17, 2008

Should I come to United States in this Economy?

This is the question asked to me almost every other day. Being a person involved very closely with Immigrant visa and their Jobs/Projects from past few years, I am quite concern with my business and current stock market fluctuations, employee layoffs, government bailouts, and other indicators of economic problems.

Since two months I am analyzing situations from both the sides (Immigrants and US Economy) and collecting the views of People. The views are quite surprising and threatening. People are seeing two black holes : the Bursting Bubble and the Migration Policy.

What frighten them?
As per my findings between October 15th and 24th, 2008, a survey has been conducted by human resources executives at more than 450 companies, asking what they’re likely to do now, The response was shocking people are frightened to come here, they are feeling loss of job and career opportunities at all the levels. The current US Immigration Policy is also a factor.

The Part
If I see the data and American Economy Statistics, the more H1b’s means more skilled workers would allow American businesses to expand operations in the United States, creating more jobs and higher wages for American workers.

And The CounterPart
At the same time some feels insourcing of foreign manufacturers destroys our domestic industries, takes profits and taxes overseas, and provides only low-skill jobs for American workers, they want current immigration Policy to be more strict.

In order to continue to compete in a global economy the United States must not fail, and I am inviting views of all of you, what I should suggest them.