Foreign businessmen speak out on labor shortages

The US economy has been largely affected by the arrival of COVID-19, however, some experts see reduced immigration as another major obstacle to the development of the business sector.

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Disadvantages of reduced immigration levels

Foreign businessmen like Jagdeep Nayyar, talk about the great losses generated by not being able to cover the number of qualified employees in their companies. This is also related to the fact that, before the pandemic, they had the opportunity to hire foreign workers, who, after the health emergency, stopped working or left the country.

Like Nayyar, other employers claim that not only are labor shortages related to the retirement of several employees, but they attribute this mainly to reduced immigration levels. Let’s see why:

• Protocols for hiring skilled foreign workers have intensified, resulting in processing times that are almost twice as long as they used to be before the pandemic.
• Although there are workers abroad who qualify for temporary work permits, many of them are still waiting for a response before they can enter the country.
• There are currently approximately 11 million job openings, a figure that could not be filled by working-age natives, leaving a significant number of vacancies that could be filled by foreign workers.

You may also be interested in: Immigration Remains a Means to Address Labor Shortages

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Key sectors would benefit from immigration stimulus

Local employers are calling on federal authorities to relax immigration protocols for foreign workers who meet the eligibility criteria, as this would greatly benefit essential sectors such as the food supply chain and the healthcare system, where the main number of vacancies and the most alarming labor shortages are found.

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The impact on the country’s economy

This difficulty in recruiting qualified personnel from abroad has generated a strong impact on the economic development of the country, as it not only affects the labor system, but also influences broader factors such as the socioeconomic growth and inflation.

This is the best time to start your immigration process, always following legal guidelines and expert advice. Contact Motion Law Immigration and ask for your FREE Consultation with our experienced attorneys, who have handled all kinds of immigration processes and have surely assisted many people in the same situation as you.

Our team has been preparing for years to help you with your immigration case

We understand that starting an immigration process requires constant dedication and expert help. Our team is highly qualified to guide you through your immigration journey in the US, so please don’t hesitate to contact us for a FREE Phone Consultation with one of our expert immigration attorneys.

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