The U.S. faces a growing demand for skilled workers, particularly in STEM fields with a need for 1 million more STEM workers by 2033. The H-1B visa program, created in 1990, helps fill this gap by allowing businesses to temporarily hire foreign workers in specialized fields, with 85,000 visas available annually. Tech companies like Amazon, Google, Meta and Microsoft are some of the largest users of the program eager to hire foreign workers. Supporters argue it boosts innovation and creates U.S. jobs, while detractors contend it takes jobs from American workers.
Chapters:
0:00 Introduction
2:29 Chapter 1. The debate
5:34 Chapter 2. Living on a H-1B visa
Produced by: DeLon Thornton
Edited by: Matthew Soto
Senior Managing Producer: Shawn Baldwin
Graphics by: Jason Regniato
Additional Footage: Getty Images
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to earn some extra money on the side? Take CNBC’s new online course How to Start a Side Hustle to learn tips to get started and strategies for success from top side hustle experts. Pre-register now and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through April 1, 2025:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on I
|
Center for Strategic and International S...
Senator Ted Cruz of Texas discusses the ...
FOX Business host Larry Kudlow discusses...
Jay Goldberg, senior analyst at Seaport ...
Scott Devitt, Wedbush equity research an...
Novo Nordisk Chief Executive Officer Mik...
Renaissance Macro Research Head of Econo...
Bloomberg’s Caroline Hyde and Ed Ludlow ...
'The Big Money Show' breaks down the eco...
On this week's episode of CNBC Crypto Wo...
On today's episode of Bloomberg Business...
'The Big Money Show' discusses the Trump...
Palantir CTO Shyam Sankar explains how A...