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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.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.