Is the United States shooting itself in the foot by alienating STEM talent
• The new $1,00,000 visa fee for H-1B workers in the U.S. negatively impacts Indian nationals and raises concerns about the retention of STEM talent.
• The IT sector in the U.S. grew by about 40% from 2016 to 2024, highlighting its importance in the labor market alongside health care and life sciences.
• A chart illustrates the job growth and foreign-born worker share in the U.S.; the IT sector has a foreign-born worker representation of around 25%, unchanged since 2016.
• The U.S. economy’s reliance on foreign talent in fast-growing sectors, including major tech companies recruiting H-1B talent, raises questions about future job growth under policy changes.
• STEM occupations are projected to grow by over 8% in the next decade, while the growth of U.S. resident graduates in STEM fields lags behind that of non-residents.
• Data indicates that between 2011-12 and 2020-21, non-resident STEM bachelor’s degree holders increased by 148%, compared to just 47% for residents.
• For STEM Master’s degrees, only 55% were earned by residents in 2020-21, emphasizing U.S. dependence on foreign talent for the future workforce.
• Other countries are responding to the U.S. visa fee hike; China promotes its K visa, the U.K. considers reducing fees for STEM workers, and Germany invites Indian professionals.
• The potential exodus of global STEM talent to other countries poses a challenge for the U.S. in maintaining its competitive edge in technology and innovation.
US alienates STEM talent is important topic for Civil service exam (WBCS).
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