The Associated Press ran an absolutely poorly researched piece on H-1B visas and the Banks receiving Bailout money from the Federal Government on Sunday. The article implied that as the Banks were taking bailout money they were simultaneously firing US workers and hiring cheap foreign labor. After I finished laughing out loud, I began to weep. I was stunned that a veteran reporter at the AP would be willing to draw this conclusion from the biased numbers drawn up by a group opposed to immigration in general and to H-1B visa holders specifically. The piece makes no effort to talk to an independent source, or to check the information against publicly available data. The article notes that the banks benefiting from bailout monies “requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers, junior investment analysts and human resources specialists. The average annual salary for those jobs was $90,7...
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