CFGI Quoted – “Another Year, Another Lottery Likely for High-Skill Visas”

Bloomberg BNA Daily Labor Report

“Companies seeking temporary visas for skilled foreign workers are going to have just as hard a time this year as in the past few years.

“In fact, it could be even harder.

“…April 3 marks the first day employers can petition for H-1B visas for fiscal year 2018, which starts Oct. 1, 2017. There are 65,000 visas available each fiscal year, with an additional 20,000 for workers with advanced degrees.

“But the number of petitions has outstripped the number of visas in each year since 2013, prompting a lottery to determine whose petitions get processed. And there’s no sign that it’s slowing down.

“…There are some industries that are scaling back their petitions, but that’s likely to be matched by a surge from others that weren’t able to get the visas in prior years, Amy Cococcia, a partner at Fragomen, Del Rey, Bernsen & Loewy in New York, told Bloomberg BNA…

“…‘The H-1B visa is a very valuable tool’ for employers to ‘access talent that fills critical skills gaps,’ Rebecca Peters, director of government affairs at the Council for Global Immigration, told Bloomberg BNA…That’s particularly true in science, technology, engineering and mathematics.

“‘Those STEM fields are critical for employers to have access to’ the best workers, she said.

“‘There still is demand for H-1B visas, and that shows that there still are needs that need to be filled,’ said Justin Storch, the CFGI’s manager of agency liaison. ‘The H-1B visa remains a vital visa that allows employers to access the talent they need,’ he told Bloomberg BNA.

“…‘We need as many good, qualified Americans as we can in the STEM fields,’ but ‘it is a global economy’ and ‘we’ll continue over time to need a global workforce,’ CFGI’s Storch said.”

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