JoeF said:
Says who?
Because there still was recession...
Your main mistake is believing a website. I know good foreign computer science people with PhD, and they had no problem whatsoever to get more than $100K/year.
Oh, and "reputed tech companies" don't just hire Caltech or Stanford grads. You won't find many Caltech or Stanford people in software engineering positions, for example, because that's not where the strengths of these universities are. I know several CS PhDs at Microsoft and Google, and they are from the UC system (and get top dollars.) The school and even the degree is not overly important, the quality is what counts.
There isn't. There just seems to be one because of statistics mistakes.
Link, please. My assertion is that you are comparing apples and oranges.
Heres the link
http://archive.flcdatacenter.com (run a search with a company of your choice)
What! my source is the DOL website, if thats wrong then whats right?? I didn't say only, I said mostly. Heres a sample search from a reputed software company in california starting from oct. 2003
Name","Nbr_Immigrants","Job_Title","DOL_DECISION_DATE","Certified_Begin_Date","Certified_End_Date","Approval_Status","Wage_Rate_1","Rate_Per_1","Prevailing_Wage_1","Wage_Source_1"
"XXX Inc ","001","Member of Technical Staff (Hardware) ","4/14/2003","10/01/2003","10/01/2006","Certified ","69556.03000 ","Year ","73216.87000 ","Other "
"XXX Inc ","001","Member of Technical Staff (Software) ","4/18/2003","08/02/2003","03/09/2005","Certified ","71030.00000 ","Year ","73885.89000 ","Other "
"XXX Inc ","001","Member of Technical Staff (Hardware) ","4/15/2003","10/01/2003","10/01/2006","Certified ","67220.00000 ","Year ","66902.01000 ","Other "
"XXX, Inc. ","001","Member of Technical Staff (Software) ","4/18/2003","10/08/2003","03/30/2006","Certified ","71030.00000 ","Year ","73886.00000 ","Other "
"XXX Inc ","001","Member of Technical Staff (Hardware) ","4/17/2003","09/30/2003","09/30/2006","Certified ","71030.00000 ","Year ","73216.87000 ","Other "
"XXX Inc ","001","Member of Technical Staff (Hardware) ","4/15/2003","10/01/2003","02/27/2004","Certified ","85950.00000 ","Year ","89609.88000 ","Other "
"XXX Inc ","001","Member of Technical