Obama’s immigration plan doesn’t grant tech world’s wishes Article features Affiliate Giovanni Peri's research
SF Gate- November 21, 2014
Economists and analysts disagree on how the visa program affects
the U.S. economy.
A June UC Davis study found that capping the number of visas
leads to a loss of jobs by U.S.-born workers. UC Davis economics
Professor Giovanni Peri found that when the number of visas was
capped in 2007 and 2008, it affected job growth in various U.S.
regions. The tech-rich Bay Area was one of the hardest-hit larger
metro areas, according to the study. H-1B visa denials during
that period caused San Francisco to miss out on creating as many
as 4,219 tech jobs for American-born workers.