• Register

Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

H-1B Applications Crash as Employers Prepare for Stricter Reforms


April, 18 2017
watermark Economic news

Tech employers are now applying for fewer H-1B visas for skilled workers this year as compared to last year after going down by 16% amid concerns that the Trump administration might be imposing additional restrictions to the implementation of the said program. Visa-looking employers for 2018 submitted only 199,000 applications, a drastic drop compared to last year’s filing of 236,000 applications. This particular visa program is the backbone of the US tech industry, as it allows tech firms to hire high-skilled workers for US-based tech jobs which they are currently having trouble filling up.


Top Top
defer(function(){ $("#cookies_modal").modal('show'); setCookie('fm_cookies', 'agree'); $(document).on('click', ".fm_cookies", function () { $("#cookies_modal").modal('hide'); setCookie('fm_cookies', 'agree'); }); }); function setCookie(key, value) { var expires = new Date(); expires.setTime(expires.getTime() + (10 * 365 * 1 * 24 * 60 * 60 * 1000)); document.cookie = key + '=' + value + ';expires=' + expires.toUTCString(); }