Op-ed: Immigration Reform and the Skills Gap

shutterstock_49761472By Rosario Marin, The Wall Street Journal, 6/6/2013

I have lived the American dream, which began when I was born in Mexico. My family and I immigrated to the U.S. on my father’s work visa when I was 14 years old, and I later served as the 41st treasurer of the United States—the only treasurer born outside of the U.S. Since its founding, America has grown stronger, and its companies more competitive, by attracting the best and brightest from around the world. So it’s a relief to see Congress finally beginning to act on immigration reform.

The key issue is improving mechanisms for legal immigration by people who will contribute to the nation’s prosperity. Unfortunately, the compromise bill that emerged from the Judiciary Committee that the Senate intends to take up next week contains provisions that would turn away some of the most highly educated people. Barring them threatens our future economic growth. The current skilled-labor shortage—particularly for workers in science, technology, engineering and math occupations—puts U.S. companies at a disadvantage. By 2020, an estimated 1.5 million jobs will go unfilled, according to McKinsey & Co. Until America can educate enough graduates in these fields to meet the demand, legal immigration is the only option to find the necessary talent.

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On immigration, should America be more like Canada?

Photo by Flickr user I.A.M.
Photo by Flickr user I.A.M.

Fortune, 4/3/2013

Throughout history, first-generation Americans have had a solid track record of starting some of the biggest U.S. companies. To name a few: Intel, Google, and eBay. Now as debates over U.S. immigration policy reform continue, it’s worth asking if the U.S should take Canada’s lead. On Monday, our northern neighbor launched a new visa program designed to lure the best and the brightest entrepreneurs from around the world. It’s similar to other start-up visas that have recently been created or revamped in places like Australia, Chile, and the U.K. The big difference is that unlike most countries that make participants wait a few years to see how many jobs their startups create, Canada’s new visa grants permanent residency from the start.

Coincidentally, the launch came the same day the U.S. kicked off application season for skilled-foreign worker visas. Unlike previous years since the financial crisis, petitions for H-1B visas have risen sharply. It’s a sign of an improving economy but also a testament to the entrepreneurial spirit of talented foreigners hungry to live and work in the U.S.

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