Reply #13: Given the US unemployment rate, this is utterly disgusting. [View All]

[OhioChick]

Recession Rocks IT Profession

http://www.govinfosecurity.com/articles.php?art_id=2066

Nearly half of H1B visa holders from India

http://economictimes.indiatimes.com/news/news-by-industry/services/travel/visa-power/nearly-half-of-h1b-visa-holders-from-india-us-report/articleshow/7290694.cms

Recession hit older tech workers harder, labor data shows

http://www.computerworld.com/s/article/9206360/Recession_hit_older_tech_workers_harder_labor_data_shows

India sending 30 Billion home

In India, these decisions have raised hackles. India's IT sector is
seen as a source of national pride - an area where Indians see
themselves as competing successfully on the global scene. Moreover,
the millions of Indians living overseas send back more than $30
billion a year in remittances, making up 3 per cent of the country's
GDP, according to estimates by the International Labor Organization.

http://www.rediff.com/money/2009/mar/07bpo-worries-grow-about-obamas-outsourcing-policies.htm

U.S.: H-1B workers outnumber unemployed techies

http://www.computerworld.com/s/article/9133529/U.S._H_1B_workers_outnumber_unemployed_techies