Why Indian IT is worried

Most common visas issued by US

The breakdown by sector

The breakdown by country

In light of the 85,000 foreign tech workers allowed to be brought into the US annually under the H-1B visa program – a limit, tech companies have been clamoring to raise – here’s a stunning forecast by the Bureau of Labor Statistics:

Employment of computer and information technology occupations is projected to grow 12% from 2014 to 2024, faster than the average for all occupations. These occupations are expected to add about 488,500 new jobs, from about 3.9 million jobs to about 4.4 million jobs from 2014 to 2024, in part due to a greater emphasis on cloud computing, the collection and storage of big data, more everyday items becoming connected to the Internet in what is commonly referred to as the “Internet of things,” and the continued demand for mobile computing.

That’s exciting news. So 488,500 IT jobs requiring more skill, knowledge and education than an average techie will be created over ten years,  about 44,850 a year on average, which means over the same decade, 850,000 H-1B visa holders would come to the US to fill these 488,500 IT jobs…. You get the idea.

 

 

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