WASHINGTON, May 7, 2013 /PRNewswire-USNewswire/ -- The supply of trained graduates in the fields of science, technology, engineering, and math (STEM) exceeds the number hired, and will into the foreseeable future, finds a new Center for Immigration Studies report. This new report coincides with Congress' consideration of the Rubio-Schumer immigration bill which reflects the push by tech firms to bring more H-1B temporary workers, and other STEM workers, into the United States job market.
Every year the United States welcomes more than 1 million new permanent residents, plus more than 100,000 new H-1B workers; the latter group competes primarily in the IT field with resident workers. The analysis provided by Center fellow David North shows future trends for STEM workers: "there will be three new high-tech degree holders for every two high-tech job openings for the period 2010-2020, even if employers restricted their hiring to new grads only." The report stresses that policy discussion should be focused on the total supply of STEM workers and the total need for such workers, not the number of new graduates.
"There is absolutely no need for more foreign 'high-skilled' labor," notes Mr. North. "Big business ignores the reality in order to flood the labor market with low-cost labor. Sadly, it also displaces resident workers and depresses wages."
The entire document can be found at: http://www.cis.org/more-us-stem-grads-than-jobs.
The report notes that were there, in fact, a skills shortage in the computer and math occupations then wages would have risen; in fact, over an 11-year period census data show that hourly wages have risen at an annual average of only 18 cents a year, from $37.27 in 2000 to $39.24 in 2011.
View the Senate bill, CIS Senate testimony and commentary at: http://cis.org/Border-Security-Economic-Opportunity-Immigration-Modernization-Act
The Center for Immigration Studies is an independent, non-partisan, non-profit research organization. Since its founding in 1985, the Center has pursued a single mission – providing immigration policymakers, the academic community, news media, and concerned citizens with reliable information about the social, economic, environmental, security, and fiscal consequences of legal and illegal immigration into the United States.
Contact: Marguerite Telford
SOURCE Center for Immigration Studies