Dear Editor:
This is in response to the fuzzy math in Sebastian's letter. Try using the correct denominators obtained from the Department of Labor Bureau of Labor Statistics website, Occupational Employment and Wages latest Survey (November 2003): Computer, IT and Mathematical = 2.8M, Architect and Engineering = 2.4M, Physical and Life Sciences = 1.1M, Health Care Practitioners and Technical = 6.3M. Of these, there is only a subset of professions that are affected. Taking the total is only 12.6M, which
should be smaller if segmenting by specific professions. You cannot use the entire labor pool.
The numbers above are 2003 data. I would expect that in some areas the numbers will be lower. Estimates of
current H1Bs and L1s in the US are around 750K - 1M. So it's more like 6 - 7.9%. Interestingly, the unemployment rate among engineers and computer professionals is approx. 7%. So what is the purpose of the H1B visa? To increase the supply of labor in order to lower the current wage rates. Every increase of 65K is 0.5%, which is significant.
eww
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