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Challenges with US Immigration System and Talent Mismatch
The US immigration system struggles with an outdated structure that fails to meet the evolving economic demands and talent requirements. The current system, last significantly updated in 1990, does not align with the needs of businesses, leading to a mismatch between the demand for skilled workers and the system's capabilities. This discrepancy is evident in the underrepresentation of skilled immigrants in the green card allocation, with only 14% allocated for employment-based purposes. Despite these challenges, the US remains an attractive destination for skilled immigrants due to its renowned education institutions. However, the system's inefficiencies result in a significant portion of these skilled individuals leaving the US workforce. The outdated nature of US immigration policies hinders the country's ability to attract and retain the world's best and brightest, leading to a disconnect between policy design and the nation's attractiveness to skilled immigrants.