^{Originally published on Economic Immigration AKA The Prisoner's Dilemma}

Eighty-two percent, or 41 out of 50, of the country’s top venture-funded companies had one or more American born founders.  No, I didn’t make up the statistic, I found the data and reversed the spin that the pro-immigration faction is trying to promote.

Stuart Anderson’s organization, the National Foundation for American Policy (NFAP), may be doing more harm to his cause than good. Whenever someone throws out a percentage and does not provide a divisor, you can be assured that they are hiding something.

This article’s topic: "Immigrant Founders and Key Personnel In America’s Top Venture-Funded Companies,", By: Stuart Anderson.   Anderson claims:

In the population of working age adults, the non employment rate is 26.9% (28,255,000 of 105,229,000). As a comparison to current levels, in 1998, the working age population growth was 80,662,000 and the non-employed in that population was 6,571,000 (8.15%). 

I thought I'd add a little documentation supporting Robert Oak's recent posting. 

"News Flash - Women are Equal to Men - in Terms of Losing Their Careers!"

The BLS Employment to Population ratio, also supports my posting concerning the under-perfomance of this decade's employment growth, relational to population growth.

"Last Century's immigration policy no longer works for US"

To continue the current immigration policy and save the Banking Institutions, the U.S. will need to create millions of jobs -- right away. Since there is a job deficit of some 13 million jobs this decade, perhaps we should re-think immigration policy.

The economic health of the nation is generally measured by the BLS Unemployment statistic.  The Unemployment statistic is not historically comprable due to methodology changes. My interest is in immigration policy, I need an immigration related statistic that trumps the low unemployment statistic. 

April -- H-1B -- Fools

The law of supply and demand still works!

The National Science Foundation has published a document entitled, "Science and Engineering Indicators 2008." One very interesting point for 2006, was that computer-related H-1B workers with a Bachelor’s degree, earned on average, $400.00 more per year than those with a Master’s degree.

2006, was the first year of the 20,000 visa H-1B exception for postgraduates of American colleges. The media made a big fuss about the base 65,000 visa running out quickly in 2006 and 2007. I suspect that the U.S. Chamber of Commerce had to do some arm-twisting to get the 20,000 postgraduate cap exhausted.

Also

Stuart Anderson's, National Foundation for American Policy (NFAP) study of unfilled positions is being quoted as a reason to raise the H-1B caps. I took the liberty of looking at the size of each company in the NFAP, "30 U.S. Companies With Most Job Openings For Skilled Positions."