H-1b Influx is independent from labor market – 2000-2004 record H-1b influx
Tech workforce's ranks shrinking
By Deborah Lohse and Mark Schwanhausser – San Jose Mercury News
Friday October 8, 2004
Battered by the technology bust, half of the Californians working in tech in 2000 have left the field, a new landmark study of 1 million workers shows. Nearly one-fourth of the tech workers have taken non-technology jobs that often pay less, according to the study by the Sphere Institute, a Bay Area public policy research firm. Another 28 percent have fallen off California's job rolls altogether.
www.mercurynews.com/mld/mercurynews/business/9866921.htm
“MARKET-BASED CAP” WILL NOT WORK