The H-1B Program and Labor Certification:

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The H-1B Program and Labor Certification: Attestation and PERM UC Davis Friday, January 18, 2008 Stan Sorscher stans@speea.org 206 433 0995 x 117

Employment Trends at Boeing

Age profiles for Engineers and technicians

Employment Trends in Aerospace

in engineering and computing Employment situation in engineering and computing

Employment growth is OK overall, not great

No wage pressure

Pre-Globalization Post-Globalization Interests roughly aligned Globalization drives interests apart Government policy would be a third circle. Imagine how the government circle aligns in the case of Japan, China, Russia, Sweden or other countries. The power and efficiency of markets only serve the public interest only to the extent that the two circles align. The goal of policy is to drive the two circles back together. Investors Public Public Investors

Globalization benefits consumers by lowering prices Globalization benefits consumers by lowering prices. Adjusting income using CPI adjusts for inflation and any effect of lower prices over time. The net result - flat real incomes.

Whoa - some boats broke away from the pack.

Scale X 5 Scale X 5, again "Income factor" = 1, when the income share for that population equals the size share of that population Policy works - WWII tax policy to pay for the war, then post-Reagan tax policy let the lid off …"Trickle-down" works for the guys at the top!