Financial companies are trying to hire thousands of skilled foreign workers through H-1B visas every year. President Trump’s immigration is questioning the future of such a visa. 。
When President Donald Trump is chasing his campaign and promises to crack down on immigrants, there is a question about what will happen to skilled workers coming to the United States with the H-1B visa.
Trump targeted the H-1B visa program in his first term when he signed a Presidential order to “buy Americans and hire Americans” to suppress potential abuse. But prior to the second phase, he told the New York Post that he always liked his visa.
“I believed in the H-1B,” he posted in December. “I used it many times. It’s a great program.”
Still, the future of the program is in a lot of air. Last week, two Republican Senate introduced a joint resolution to break the rules of the Biden era that automatically extends such visas for 540 days instead of 180 days.
Therefore, Business Insider executed numbers and examined which US financial service companies were most affected if these visas were re -tightened. The BI has analyzed which financial Giants files the H-1B request, using the Ministry of Labor and US Citizens and Immigration Data data. The data is performed through the government accounting year in 2024 (from the fourth quarter of 2023 to the third quarter of 2024), and is collected from the application submitted by a company that wants to support a skilled worker visa.
We have found that we are one of the most active sponsors of these visas, such as JPMORGAN and BLACKROCK. Many filing are looking for high -tech and software workers, but some companies use them to hire investment banks or investment experts.
Of course, not all applications will lead to the employment of foreign workers, and some applications may be for the same employment as actually reflecting the correction or extending existing visas. I have sex. Nevertheless, published data provides appropriate signs of demand for H-1B visa among major companies.
The listed company refused to respond to the comments or comments on the record.
Check which financial companies, including the types of roles you are trying to fill, support the H-1B visa most.
