Worker Visa Debate Puts Spotlight On Tech Giants That Depend On Global Talent To Fill High-Skilled Jobs

Benzinga

Trump said H-1B visas now carry $100K fees, though they represent a small share of U.S. workers. Most go to tech roles, with India leading approvals and recipients earning nearly double the U.S. median salary.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02President Trump said worker visas now require $100,000 application fees,

00:07though the program represents only a fraction of the U.S. workforce, according to the Wall Street Journal.

00:11Nearly two-thirds of H-1B visas go to computer-related occupations,

00:15with recipients concentrated at major tech companies such as Amazon, Microsoft, and Meta.

00:20India dominates issuance with 71% of approvals in fiscal 2024, while China accounted for 12%.

00:27U.S. capped new H-1Bs at $85,000, but nearly $400,000 were issued last year,

00:32largely for extensions and job switches.

00:34For a semi-inserted median salary of $120,000, compared with $62,000 to the typical full-time U.S. worker.

00:40California led all states with more than 60,000 approvals.

00:43For all things money, visit Benzinga.com.

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