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Trump’s News                                                       ECONOMY                                                     11




                 start on page 10                                                                                            l o w e r - w a g e   f o r e i g n
                                                                                                                             graduates  for  many  of  the
                 The  advisers  quickly                                                                                      Fortune 500 jobs needed by
               blocked a similar reform that                                                                                 U.S. graduates.
               was promised by Trump on
               April  20.  “A  lot  could                                                                                      The  draft  change  would
               change,”  Siskind  told  a                                                                                    eliminate  the  three-year
               Facebook audience.                                                                                            work permit given to foreign
                                                                                                                             g r a d u a t e s   w h o   g e t
                 O v e r a l l ,   c o m p a n i e s                                                                         technology  jobs,  said
               employ  roughly  1.3  million                                                                                 Siskind.
               white-collar  vias  workers
               i n s t e a d   o f   A m e r i c a n                                                                           The  OPT  and  CPT  work
               graduates.  The  huge                                                                                         programs  were  created
               population  also  allows                                                                                      mainly  by  prior  presidents,
               subcontractors  to  import                                                                                    not Congress. They offer tax
               and hide a large population          year).  This  proclamation           the inflow of workers for jobs      incentives to companies that
               of  illegal  immigrant  white-       proposes  to  impact  high-          as  camp  counselors,               move jobs and wealth from
                                                    skilled  individuals  outside        interns,  and  trainees,  said
               collar  workers  for  gig  work                                                                               heartland  states  to  the
               with Fortune 500 firms.              the U.S. seeking to enter on         Siskind.                            wealthy  coastal  states,
                                                    H-1B and L-1 visas, as well                                              which  are  dominated  by
                 Business  groups  strongly         a s   H - 2 B   t e m p o r a r y     The  policy  likely  will  not     Democrats  and  their  elite
               support  the  visa  worker           seasonal  workers  and               stop  the  hiring  of  foreign      business allies.
               programs  for  both  financial       certain J-1 exchange visitor         laboratory  workers  under
               and management reasons.              participants.                        the  J-1  program,  despite           Cheap  labor  is  important
                                                                                         massive  underemployment            for  investors  because  it
                 The flood of extra workers           ·    The  proclamation             by U.S. biology graduates.          helps cut payroll costs and
               helps raise stock values by          purports  to  announce  a                                                raises  profits,  so  boosting
               dropping  the  nationwide            temporary  ban  on  non-              The biggest change, Kuck           apparent  values  on  Wall
               price  of  professional  skills,     immigrant worker entries but         s a i d ,   w o u l d   b e   t h e    Street.
               e s p e c i a l l y   a m o n g      will  NOT  announce  or              withdrawal  of  President
               subcontractors.  It  also            describe  other  substantive         Barack Obama's decision to            The  Executive  Order
               delivers  a  compliant  and          policy  changes  that  we            provide work permits to the         would  limit  the  ability  of
               disposable  white-collar             expect  will  follow  in             spouses  of  Indian  H-1B           I n d i a n   o u t s o u r c i n g
               labor  force  to  the  coastal       draconion  regulatory                employes  who  are  waiting         companies  to  provide  gig
               executives  at  Fortune  500         proposals.                           for the delivery of approved        workers  for  Fortune  500
               companies  and  many                                                      g r e e n   c a r d s .   T h a t    firms  and  likely  force
               healthcare companies. This            ·     The  proclamation             population includes at least        companies  to  raise  salary
               gig  worker  labor  force  of        will  have  a  number  of            100,000  spouses,  many  of         levels,  said  Siskind.  The
               modestly  skilled  workers           exceptions,  supposedly              whom  have  been  hired  by         limits  would  be  set  by
               minimizes  the  need  for            to  be  announced  by                Indian  managers  for  entry-       n a r r o w i n g   t h e   l e g a l
                                                    agency guidance.                     level  software  jobs  in
               executives  to  hire  and                                                                                     definition of jobs that can be
               manage  independent                                                       Fortune 500 jobs. “The BIG          done by H-1B workers and
               American professionals.               ·     The  proclamation             C H A N G E   w o u l d   b e       by  raising  the  salary
                                                    will  likely  come  the  last        publication,  at  last,  of  the    requirements, he said.
                                                    two weeks in June, but it            regulation rescinding the H-
                 But  the  executives'
               discriminatory  exclusion  of        could be as early as June            4   s p o u s a l   w o r k           “ N o t h i n g   h a s   b e e n
                                                    1 5 .   T h e   A p r i l   2 2      authorization  rule,”  he
               American  graduates  and                                                                                      determined  or  issued  yet,”
               professionals  also  shrivels        proclamation  temporarily            wrote.                              said a tweeted warning from
               the  innovation  needed  by          suspending  immigrant                                                    Andrew Moriarty, the deputy
               the  nation  to  counter  the        visa entries stated that the          “It's  got  to  go  to  court      director  federal  policy  for
               g r o w i n g   t h r e a t   f r o m    50th day thereafter (June        immediately,” Siskind said.         FWD.us. He continued:
               g o v e r n m e n t - b a c k e d    12)  would  mark  the
               Chinese  companies.  This            expected  timeline  for               The  reform  will  not  deal         OPT is still intact, and the
               exclusion is also creating an        deciding  if  the  terms  of         with TN, B-1, O-1, or the E         Admin  will  need  to  do  real
               increasing  population  of           that  proclamation  should           visas,  said  Siskind.  Those       work to dismantle this critical
               educated  but  downwardly            be  extended  or  modified           visas  may  provide  a              program. But anti-immigrant
               mobile and alienated young           t o   i n c l u d e   n o n -        workaround  for  people             advocates  have  targeted
               men and women.                       immigrants.                          seeking jobs, he said.              OPT  for  years,  and  the
                                                                                                                             threat is real.
                                                     ·     Separately,  the               The  possible  cutback  of
                 Siskind's  description
               matched  a  statement  by            administration  envisions            the  Optional  Practical              The  review  process  was
               another immigration lawyer,          a  series  of  rule-makings,         Training  (OPT)  program  is        launched on April 22, when
               Charles Kuck. Kuck posted:           beginning  perhaps  as               the  primary  concern  for          Trump  announced  modest
                                                    early  as  July,  on  H-1B,          FWD.us,  the  advocacy              curbs on legal immigration.
                 ·    T h e   r u m o r e d         OPT, and H-4.                        group  created  by  Mark
               Presidential  proclamation                                                Zuckerberg, Bill Gates, and           Trump's  polls  are  shaky
               would  temporarily  suspend           The  J-1  program  imports          other  wealthy  West  Coast         going into the 2020 election,
               entry  of  certain  non-             roughly  100,000  seasonal           Investors. The OPT, and the         pressuring him to revive and
               immigrant  workers  for  a           workers  for  resorts,  hotels,      parallel  Curricular  Practical     i m p l e m e n t   h i s   2 0 1 6
                                                    and  vacation  camps.  The           Training  (CPT)  program,
               period that might be as long                                                                                  promises. Polls suggest that
               as  180  days  (through  the         order will stop the Summer           annually  provides  up  to          the  proposal  is  likely  very
               election  and  end  of  the          Work  Travel  program  and           500,000  work  permits  to          popular.
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