[hunterpayne]

Companies struggle to hire at a rate they want to pay. They don't struggle to hire at a market rate pay or more. Funny how that works.

PS The number of roles that there aren't qualified Americans for could be counted on one hand. This has always been about reducing salaries, not shortages.

[mlnj]

I highly doubt a company can find 20k senior Photolithography experts in rural Nebraska if a company wanted. No matter what money they are paying. They'll have to bring them in.

Of course I am exaggerating, but this is not a 1 dimensional problem.

[Saline9515]

Please check what the majority of H1-Bs are hired for. It's a visa mainly used for cutting costs, not hiring ultra specialized people.

[mlnj]

I was demonstrating that throwing money at the shortage does not magically create new talent in a geographical area. It has to be imported.

[Saline9515]

The issue is that if you import all of skilled workers you need, salaries won't rise in the branch, and students or workers in adjacent fields don't have any incentives to learn the skill. If you can hire Syldavian photonics engineers for 50k$/y, no one is incentivized to learn photonics.

This is why in the modern world some sectors are always crying about "worker shortages" while asking always more migrant workers to come in - salaries are compressed as a result, and locals have no incentives to enter the branch.

Hence importing workers may be useful for needs that are limited in time and space (say, install a specialized foreign machinery in a power plant), but systematic importation leads to dequalification of the local workers, who flee the branch that has now low salaries.