Should US companies be able to fire/layoff US citizens to hire a cheaper employee through H-1B visa ?

[Bofferbrauer2]

NightlyPoe said:

Bofferbrauer2 said:

Driving wages up isn't the problem. And guess what: they continue to go up fast even with immigrants filling up spots.

The problem is that there aren't nearly enough candidates to fill the spots, which results in net productivity losses for the companies, especially smaller ones who can't afford such fancy ways to woo the staff they desperately need.

You can always get enough candidates to fill the slots in anything.  You telling me that if they paid everyone $12 billion a day, they couldn't attract the candidates?

Obviously not.  So the problem becomes a market issue.  Obviously, wages haven't risen fast enough so that the market equalizes.

An electrician makes about 5000€ a month by now due to the shortages even though 10 years ago he would only have been around 2000-2500€. If that's not fast enough I don't know what will. There are jobs with University degree requirement that pay much less than that.

@bolded: Name me one company who could even afford such a ridiculous wage. If they needed that much then we wouldn't be having electronics anymore as every company would go out of their way to do without as much as possible