Economics
H-1B Applications for STEM Jobs Drop Most in Decade
- Applications submitted for STEM workers fell 12.6% in 2021
- Tech industry eager for workers, with job openings at records
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The number of applications filed for foreign high-tech workers on H-1B visas dropped the most in at least a decade this year in the U.S. amid travel and visa restrictions, even as job openings in the industry reached record highs.
U.S. employers’ preliminary applications submitted for engineering and mathematics jobs under the H-1B visa program fell 12.6% in the fiscal year ending September 2021 compared to the previous year, according to a Bloomberg News analysis of data from the U.S. Department of Labor.