By Norm Matloff
Ever since 1992, when I started writing about H-1B, I've been stressing that not only is H-1B centrally about cheap tech labor, cheap tech labor is in turn centrally about age. Younger workers are cheaper than older ones, both in wages and health insurance costs. Of course, in addition, the younger H-1Bs are even cheaper than the younger Americans. Result: An employer may hire a 24-year-old H-1B instead of a 24-year-old American, and usually will hire that 24-year-old H-1B instead of a 35-year-old American.
Friday, March 6, 2009
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