>> Even with H1B, there are literally not enough engineers in the Valley to saturate the demand from companies.
By "not enough engineers" I'm assuming you mean not enough engineers willing to work for so little they are forced to bunk with 3 roommates?
I know plenty of engineers. Most dont want to work as SWEs because the median salary barely affords a studio apartment, especially after California taxes.
Also, what about the 40+yr olds who are oddly purged from the workforce regularly. If there were a shortage, elderly workers would be retained, not purged in favor of cheaper, younger workers.
Tons of engineers go into consulting, real estate, finance, etc because engineers simply dont make enough, especially given the SF/SV center-of-gravity of jobs. There isnt some magical shortage of workers. There is a shortage of workers willing to work for near subsistence wages [in SF/SV prices]
By "not enough engineers" I'm assuming you mean not enough engineers willing to work for so little they are forced to bunk with 3 roommates?
I know plenty of engineers. Most dont want to work as SWEs because the median salary barely affords a studio apartment, especially after California taxes.
Also, what about the 40+yr olds who are oddly purged from the workforce regularly. If there were a shortage, elderly workers would be retained, not purged in favor of cheaper, younger workers.
Tons of engineers go into consulting, real estate, finance, etc because engineers simply dont make enough, especially given the SF/SV center-of-gravity of jobs. There isnt some magical shortage of workers. There is a shortage of workers willing to work for near subsistence wages [in SF/SV prices]