Matthew Slaughter: How America Loses a Job Every 43 Seconds - WSJ.com: "The first of next month is a big day for the U.S., and not because it's April Fools' Day. April 1 is when the U.S. Citizenship and Immigration Services begins accepting new H-1B visa petitions for 2015.
An H-1B visa allows a company to create a new job for a highly-educated foreigner in the U.S. for at least three years. The H-1B program, which accounts for nearly all of America's skilled immigration, imposes an annual cap of 85,000 new visas: 65,000 with at least a bachelor's degree and 20,000 with at least a master's degree."
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