economists – 9xm News

US companies will now hire remote workers: Economist’s take on H-1B visa fee hike triggers debate

Economist warned that US companies will now switch to outsourcing instead of applying for H-1B program. Economist Peter Schiff stoked a controversy on H-1B as he expressed his opinion that the hike in the visa fee would not stop tech companies from hiring foreigners. They will now hire foreigners for remote roles where they work […]

JPMorgan’s top economists warn on H-1B visa fee hike: ‘Could slash 5,500 work visas monthly’ | World News

JPMorgan economists Michael Feroli and Abiel Reinhart have raised concerns over the potential impact of President Donald Trump’s executive order introducing a $100,000 fee on new H-1B visa applications. Their report predicts that the policy could reduce the number of work authorisations in the US by up to 5,500 per month. This estimate is based […]

‘If you are trying to brain-drain Bangalore…’: US economist’s H-1B explanation goes viral

Economist Peter St Onge’s H-1B explanation goes viral. American economist Peter St Onge’s video explaining the H-1B system and what changes the Donald Trump administration is trying to bring is has gone viral as he summarized that the H-1B overhaul that Trump is planning will restore the visa program to what it was meant for […]