Indians not grabbing Americans' jobs: US Chamber
"While some have expressed fears that H-1B professionals hired by Indian companies threaten the US workforce – or have expressed concern that Indian companies do not sponsor many of their employees for green cards – the actual numbers are such as to make any concerns overwrought, even if using a simplistic, zero-sum view of the labour market," US Chamber of Commerce said in its latest report.
"In FY 2009, Indian tech companies used 4,809 new H-1B visas, which equals to 0.003 per cent of the US civilian labour force, less than 1/100th of 1 per cent.
"Moreover, H-1B use by Indian companies has declined by 70 per cent between 2006 and 2009," the world's largest chamber with over three million members added.
Quoting the US Citizenship and Immigration Services, the report said the new H-1Bs used by Indian companies represented only about six per cent of total initial beneficiaries (new employment).
"When
information
technology
services
companies
–
whether
Indian
or
non-Indian
–
perform
work
in
the
United
States
it
is
only
because
US
companies
believe
such
work
makes
their
businesses
more
profitable,"
the
chamber
said,
adding
that
US
companies
can
hire
more
service
providers
if
they
enable
US
businesses
to
concentrate
on
core
functions
and
run
more
effectively.
OneIndia News