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Joel Greenblatt on Relative Value Investing (Podcast)

Masters in Business

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H1B1 Visa Immigrants Create 4 Jobs

Microsoft did an internal study and for each H1B1 visa immigrant that they bring to the US, they create four additional jobs. I said across the country, it's two jobs for everyone we take in at Microsoft. They create four jobs. So it's pretty exciting. The only problem is we don't encourage them to come. Canada and Australia take anyone who will come, who meet the government standards of skilled, education and skill. And we don't. We actually actively discourage them.

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