November 30, 2012
by The Business Journal

The House passed legislation Friday to provide 55,000 visas a year to foreigners who graduate from U.S. universities with advanced degrees in science, technology, engineering and mathematics.

The STEM Jobs Act (H.R. 6429) addresses a top priority of the high-technology industry, which contends it can't find enough Americans with the skills it needs.

"From growing startups to U.S. multinationals, American employers are desperate for qualified STEM workers – no matter where they are from," said House Majority Leader Eric Cantor, R-Va.

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