Is This the End of H-1B Visa Workers?

The H-1B visa program, created in 1990, enables U.S. companies to hire foreign workers in specialized fields, addressing talent shortages. Tech giants like Google, Amazon, and Microsoft have heavily relied on it, with 65% of 2024 approvals being renewals.

Despite its success in attracting global talent, particularly from India, the program faces criticism from local workers. Many argue it undercuts wages and reduces job opportunities.

Some suggest reforms, such as implementing a minimum salary for visa holders or eliminating the lottery system. The future of the program hinges on balancing economic growth with protecting U.S. workers.

CHAPTERS:
0:00 Is it The End of H-1B Visa Workers
1:01 Tech Industry
1:48 Tech Layoffs
2:35 Tech Job Market
3:47 Tech Workers
4:14 Tech Jobs Hunting
5:17 Labor Market
5:44 Tech News
6:58 Software Engineers Career
7:11 Big Tech Companies
7:30 The Futuro of H-1B Visa Workers


Produced by: Samantha Harvey
Edited by: Jacob Smith
Animation: Charlotte Brown
Additional Footage: Getty Images

» Subscribe to Economy Media:    / @economymedia  


Conect With Economy Media Everywhere
Follow Economy Media on Instagram: https://n9.cl/economymedia

#economymedia #tech #technology #jobmarket #techjobs #h1bvisa