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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.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.