Demand wanes for highly skilled worker' temporary visas
Photo credit: AP File | A Wall St. street sign is shown in front of the American flag hanging on the New York Stock Exchange. (Sept. 25, 2008)
A year ago, temporary visas for highly skilled employees - commonly referred to as H-1B visas - were snapped up in just one day.
But this year, as federal officials Thursday begin issuing the visas, the cap has yet to be met for the first time since fiscal year 2005, a sign experts say points to the recession and restrictions on U.S. companies that received federal bailout money.
Experts...
