American Companies, Economy Suffer Under Anticompetitive U.S. System
Washington – A new analysis released today by Business Roundtable finds U.S. employment-based immigration policies are “mostly unfavorable” to economic growth and have placed the United States ninth out of 10 advanced economies.
“When it comes to immigration policy, America is losing the competitive race for global talent,” said Greg Brown, Chairman and CEO of Motorola Solutions, and Chair of the Business Roundtable Immigration Committee. “U.S. policymakers have the power to get us on track, and what this analysis shows us is that if they don’t, America risks falling even further behind.”
“State of Immigration: How the United States Stacks Up in the Global Talent Competition,” compares the immigration systems in 10 key countries and concludes America’s immigration policies are mostly failing U.S. companies. The challenges include low annual limits on temporary visas (H-1Bs) and employment-based green cards; high denial rates for intracompany transfers; and the lack of visas for both immigrant entrepreneurs and year-round lower-skilled workers.