Jackolantern said:
You forget to account for two factors that hurt employers.
(1) Other employers have less opportunity to get somebody who is in a degenerate company and hire them into a more profitable position, because they are stuck with or afraid to leave their employer due to the possible risk of having to restart the GC process.
(2) Companies are restricted from promoting people, because doing so may violate the same/similar criteria. So their employees' talent is underutilized.
But I agree that employers in general don't see good enough reasons to expedite the process, because in the short-term they benefit from employees who are stuck, and they won't know about the talented people who bypassed USA altogether and went straight to Canada/Europe/Australia due to the sluggish GC process in the USA.
Another point from the employer's perspective is that if the immigration "pipeline" gets clogged. Then there will not be an overall addition into the available highly skilled worker pool in America. If you see in the recent letter to congressmen from 900 prominent companies they included EB relief as a request. This is more important than you may realise.
A lot of people in the USA do not work for 30-40 yrs. They work for a while, then they diversify, they either go into management, shuffle investments, do independent contractor work, or move into a 2nd career and if they do well financially through other means, they go into other more gratifying things in life.
Atleast in the days gone by where they made good money, they used to do this a lot. I know a lot of fifty somethings who do not work jobs, but merely manage investments from home, do part time jobs, contract work etc this is especially so at the highly skilled labour market, especially if there are two working partners.
If you see this situation as improbable, put yourself in a situation where you have skills, 1 million bucks in investments (conservatively making 50K post inflation adjusted money annually) and your employer is trying to squeeze you, and you are not struggling to pay your bills in any way and you already have most of the material things you want. For highly skilled workers who worked in the pre globalisation era in the USA and invested in the stock markets in those days this is not an unlikely scenario.
At that point your tolerance for even 1% unpleasantness from the employer is almost non existent. At that point you almost have the advantage in the employer-employee relationship.
All these sorts of things take away from the available skilled labour pool here. If there is not a steady addition to it then shortages appear quickly and growth can get stifled. Immigrants are more likely to have longer working careers as they try to build up a nest egg, for themselves and their families.