Are H1B visas undercutting wages significantly? I haven't really looked since the zero interest rates era, but back then H1Bs were getting paid the same as everyone else. I got the impression that companies would like to hire citizens (for their own convenience), but there were more jobs than people.

The economy kind of sucks right now but it ain't H1B visa holders that are the problem.

Please read the Bloomberg article I linked in my original post. It says that half of the H1-B visas are taken by staffing companies and they pay their staff significantly lower than the US laborers they are replacing.

Any addition of labor will push down wages just be increasing competition for jobs, even if they are all paid the same.

you're not applying for .net analyst at midwest regional bank corp.