In case you didn't catch this New York Times article from March, the recently enacted U.S. economic stimulus package aims to preserve U.S. jobs by limiting the hiring of foreign workers (i.e., people who need to obtain H-1B visas) by financial companies receiving government bailout money. While some have rescinded job offers in response, other organizations are sending these hires to countries outside of the U.S. to keep talent within the organization.
This new rule is fueling heated debates--should the U.S. protect domestic jobs but risk non-U.S. competitors hiring these skilled workers, or reduce barriers to hiring foreign workers in order to get the best talent for the job?
Written by: Xi Chen
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