Today we’re talking about a really interesting move on the H-1B visa made by Congressman Raja Krishnamoorthi. So, let’s get started.
The Indian-American Congressman Raja Krishnamoorthi has proposed a bill to double the annual allocation of the H-1B work visas. You may know that this is a super popular visa among Indian professionals.
This bill is cleverly called the High-Skilled Immigration Reform for Employment or the HIRE Act for short. It’s aimed to boost funding for STEM education right here in America.
So why don’t we break down this Act a little bit?
What’s The HIRE Act?
The HIRE Act which was introduced on July 17 has a mission. Its goal is to strengthen the competitiveness of the US by tackling the skills gap. Now, the skill gap is basically the mismatch between the skills that employers are in need of versus the skills current job seekers have to offer.
This Act plans to close this gap by injecting more funding into the US elementary and secondary school STEM education programs.
What to Expect From Doubling H-1B Visas?
Basically, the bill wants to double the annual availability of the number of H-1B visas. We’ll be seeing a jump from 65,000 to a whopping 130,000. This would allow American employers in the tech sector to attract the best talent worldwide.
Here’s a small fun fact – right now, almost ¾ of H1-B visas are granted to Indian professionals!
Support & Future Impact of The Bill
So, who’s backing the bill? The ITServe Alliance is one of the largest associations of IT Services organizations across the US. The goal here is to twofold investing in homegrown talent, while also attracting brilliant minds around the world. With this, the HIRE Act aims to create better-salaried jobs and make way for tomorrow’s technology.
Want to know more about the latest US immigration visas and updates? Keep following our blogs.
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