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APR 04, 2013 - The Economist

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The visa system: Not working

FOR the first time in five years, America’s immigration service will hold a lottery to allocate the visas it makes available to foreigners recruited by private business to work in the country. This is because applications for the 65,000 H1B visas it issues to corporate America each fiscal year, starting on April 1st, were expected to exceed the number available by April 5th. Five days is not the record for reaching the cap on business visas. In 2007 it took one day and, in 2008, two.The silver lining—that this is yet more evidence of a stronger American economy—sits inside a very dark cloud. ... Read More

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