JPMorgan’s top economists warn on H-1B visa fee hike: ‘Could slash 5,500 work visas monthly’
JPMorgan economists foresee a potential reduction of 5,500 work authorizations monthly due to President Trump's $100,000 H-1B visa fee. This could deter foreign students and limit post-graduation opportunities. Tech and consulting firms may reconsider hiring foreign talent, impacting innovation and project timelines, disproportionately affecting Indian workers in computer-related roles.
JPMorgan economists foresee a potential reduction of 5,500 work authorizations monthly due to President Trump's $100,000 H-1B visa fee. This could deter foreign students and limit post-graduation opportunities. Tech and consulting firms may reconsider hiring foreign talent, impacting innovation and project timelines, disproportionately affecting Indian workers in computer-related roles.
