This reflects that there are just less openings overall. In a shrinking job market layoffs have already disproportionately gone to H1B holders; future layoffs, if this policy is implemented, will further erode H1B numbers, but it won’t magic up more domestic engineering job openings.

You know what would provide job growth in high tech? Economic growth and expanding prosperity in the economy overall.

I wonder what effect the US's heavy reliance on HB1 visas (and off-shoring more broadly) has had on the size of the cohorts graduating with CS degrees.

All I have is anecdotal conversations of people avoiding tech under the assumption that writing code would be off-shored.