Monday, 1 April 2013

Economy News Headlines - Yahoo! News: U.S. demand for skilled worker visas seen topping quota soon

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
U.S. demand for skilled worker visas seen topping quota soon
Apr 2nd 2013, 01:18

People waiting to apply for visas sit outside the U.S. embassy in BeijingSAN FRANCISCO (Reuters) - A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident enough about the economy to hire more foreign workers. The H-1B program will not have reached its base cap of 65,000 so quickly since early 2008, before the economic crisis hit. That was the last time a lottery was used, according to U.S. Citizenship and Immigration Services, which processes the applications. The application period opened on Monday. ...


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