Ad: Canon DR-C125 desktop scanner.
  • CNET
  • All Economics posts

Economics

A shortage of tech workers? Not so fast

Until now, the assumption has been that the infusion of a talented cohort of IT workers from overseas is good for the U.S. economy. But is it possible to have too much of a good thing?

For years, Silicon Valley has bemoaned a shortage of skilled domestic labor, the complaint being that the pool of quality technical talent in the U.S. has atrophied to the point where a failing educational system has left companies with no other choice except to import more skilled IT help from abroad. Recently, Facebook's Mark Zuckerberg and LinkedIn's Reid Hoffman came … Read more

Silicon Valley execs press D.C. on immigration law fixes

Silicon Valley firms are presenting a rare united front in an effort to end a political logjam that has blocked high-tech immigration reform.

In an unusual show of support that underscores how important the topic has become, executives from Facebook, Google, eBay and other major tech companies sent a letter today to President Obama and congressional leaders asking them to fix immigration law by the end of 2013. The current system is broken, they say, blaming visa shortages, long waits for green cards, and difficulties bringing spouses and children to the United States.

"Because our current immigration system is … Read more