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Who are the U.S. Jobs really going to-?

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~Want to know where US jobs are going? At least - For Wall Street big banks.
Wall Street ramping up search for overseas talent.
Pay attention America – this is your jobs we are talking about. If you want to know about unemployment, even for the Harvard grads, asked Bank of America, Merrill Lynch, Citigroup, J.P. Morgan, Goldman Sachs, big US banks are seeking overseas employees. Demand for visas up 10% from 2010 two 2013. Source – “Financial news”. “Analysis of the US office of foreign labor certification”- according to Brian Sullivan, the chief executive of executive search firm CT partners – there just isn’t enough smart people here for the bank’s technology – “big data capabilities” and “protection mindset” according to immigration lawyers and recruiters there excuses are growing demand for cyber security compliance expertise. Citigroup wants workers from Chile, Singapore and Australia. Citigroup has requested 829 visas this year. Now, what kind of jobs is city looking to fill – analysts, auditors, engineers, developers, compliance officers and researchers – these jobs must be all foreign to Americans. Strange, I thought we had universities and colleges that covered the topic. Look around people. We have these foreign students coming to the United States universities to do these studies and  big banks send people like Brian Sullivan – whoever that is – to hunt down employees from Singapore, Chile and other countries to fill American jobs on Wall Street. Moving on – let’s don’t forget the immigration lawyers that help push these visas –                                                   special permits known as H – 1B permits.
Valentine Brown, a lawyer from the Duane Morris firm said “finance is much more intertwined with technology than ever before”- looks like you Harvard grads and other university grads can’t cut it according to Valentine Brown. Bank of America requested              1378 H – 1B visas last year. J.P. Morgan requested 1331 visas. Goldman Sachs requested       1136 H-1B visas. Last year – all up from 2010 requests for these visas to replace Americans jobs. I guess they forgot about the trillions of dollars of bailout the US put up for all these banks that now want more foreign employees. Instead of the US – let’s go to Chile and Singapore, Australia – what about North Korea – is Iran next? Are these big banks who were bailed out with trillions of US dollars laughing all the way to their mansions and yachts and jets to their banks because we were stupid enough to do it over and over and now bring in their immigration lawyers and go first to outsource United States jobs to foreign employees. Well, if we were stupid enough to shell out trillions with little or no restrictions – then we are stupid enough to let these Wall Street big banks push aside US jobs to Singapore. After all, Citigroup has connections there. Tim Geithner went to Brazil to get a housemate. I guess we don’t have enough maids here. Oh yes, intently forgot to pay his taxes – but who’s counting – he only worked in government for 25 years at the New York Fed and as Secretary of US treasury.
This article is not intended to give advice – this is an opinion – the author is not an attorney.

 

 



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