Jeremy Neufeld Profile picture
Oct 23 7 tweets 3 min read Twitter logo Read on Twitter
A big proposed overhaul of the H-1B program was published today in the federal register!

Here are the five changes I'm most excited about: 🧵 Image
1. Expanded H-1B cap exemptions would make it easier for research organizations to qualify for cap-exempt H-1Bs

This would be especially helpful for new regional innovation hubs to recruit, as @LK_Milliken and I recommended earlier this year:

progress.institute/talent-regiona…

Image
Image
2. Automatic cap-gap extensions will make it easier for international students to stay here after they graduate Image
3. The new rule would make it easier for immigrant founders to stay here on H-1Bs to grow their companies Image
4. Beneficiary-first selection would put immigrants in the driver's seat in picking between competing job offers

It would also help level the playing field by making it harder for IT outsourcing companies to game the system and boost their chances of securing visas Image
5. "Prior deference" will give certainty and predictability when it comes to visa renewals Image
Lots more to be done, but all of this will help mitigate some of the program's many problems

All in all, this is good stuff that will make the H-1B program more predictable and better suited to entrepreneurship, research, and innovation!

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Jeremy Neufeld

Jeremy Neufeld Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @JeremyLNeufeld

Apr 28
Why are we still awarding H-1Bs by lottery?

New data show there were more than 780k registrations for just 85,000 new H-1Bs available in 2024

Prioritizing applications by salary or a points-based system would make the program the growth engine it should be Image
The lottery isn't just stopping us from getting the most valuable applicants, it's causing massive uncertainty and waste

This model from an upcoming @JIntlEcon paper implies that the search cost externality alone from the 2024 lottery is $4.4 billion!

cream-migration.org/publ_uploads/C… ImageImage
not to mention, ending the lottery also appeals to those concerned about H-1Bs being used to undercut Americans or exploit immigrants

rare transpartisan coalition here: Image
Read 4 tweets
Nov 15, 2022
if Marx wasn't prominent before 1917, who was?
not too shabby in english either

no doubt the october revolution made him *more* influential but that doesn't make him obscure beforehand
Oh my god, I downloaded their dataset and Marx (last name only) is the 14th most cited author in English language books in 1916
Read 4 tweets
Jun 10, 2022
In the 20th century, medical breakthroughs were less important in reducing mortality from major diseases than clean water
One relevant lesson is that it's possible to make significant progress even before fully understanding a disease.

If we internalized that, we'd be investing much more in non-pharmaceutical interventions like ventilation, filtration, and germicidal UV!
Read 4 tweets
Apr 25, 2022
Been mulling over that new Philippon paper on additive growth. Especially thinking about the far future, it seems to have some massive implications if true:
1. There is no Great Stagnation. There was a “Little Stagnation” that started in the 1970s, but it ended about a decade later
2. The future looks a lot poorer than expected (though still much richer than we are now). Linear tfp growth doesn’t make gdp growth linear, but w/ less than exponential economic growth, the benefits won’t compound as much as we thought. In the very long run, it's an immense gap
Read 8 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(