ADVERTISEMENT
  • News
  • New York
  • Technology
  • Culture
  • Entertainment
  • Sport
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Tuesday, June 17, 2025
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home Business Finance

How Foreign Work Visas Benefit the U.S. Economy

The FINANCIAL by The FINANCIAL
May 31, 2021
in Finance
Reading Time: 2 mins read
31
A A
0
How Foreign Work Visas Benefit the U.S. Economy
Share on FacebookShare on Twitter

British Reporter —  The Biden administration recently allowed a Trump-era ban on certain work visas to expire, opening the door for foreign workers to reenter the American labor pool after being locked out for nearly a year, University of Pennsylvania notes.

The controversial ban, which the previous administration said was necessary to protect public health and the economy during the coronavirus pandemic, included H-1B visas for highly skilled technical workers and H-2B visas for seasonal workers in the hospitality industry. Also banned were visas for the spouses of H-1B workers, visas for executives on company transfers, and visas for researchers, scholars, and those in other specialized jobs such as au pairs.

Wharton management professor Britta Glennon praises the current administration’s decision, saying it will have a positive net effect on the economy. Numerous studies, including several from Wharton researchers, show that immigrants boost economic activity through innovation, job creation, and consumption.

RelatedPosts

Insurers Planning to Increase Investment Risk Profiles

Confidence in regulation of the crypto and digital assets sector is rising, study

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

Delphos Advises on Historic $20 Million Investment for Fintech LendMN to Propel Financial Inclusion in Mongolia

“I view this as a broadly positive move for the U.S. economy, and I think it will help our recovery process,” says Glennon. “A lot of firms really rely on these immigrants and have struggled to find the workforce that they need while this ban was in place.”

It’s difficult to analyze the impact that the ban had on companies because the data is not yet available. But Glennon says previous data, her own research, and anecdotal evidence suggest that high-tech firms will outsource or “offshore” work when they can’t find enough specialized employees to fill positions, University of Pennsylvania notes.

See also  Insurers Planning to Increase Investment Risk Profiles

“That’s something we’ve seen in the past. I see no reason not to expect this to have been the case this most recent time, particularly in the age of ‘work from anywhere,’” she says.

 

Tags: opening the door for foreign workers to reenter the American labor pool after being locked out for nearly a yearpennsylvaniaThe Biden administration recently allowed a Trump-era ban on certain work visas to expireUniversity of Pennsylvania notes.US workVISA

Related Posts

Finance

Insurers Planning to Increase Investment Risk Profiles

by The FINANCIAL
June 5, 2025
0

Recession and the possibility of liquidity conditions deteriorating are the biggest macroeconomic risks A new global study* among insurance investment...

Read more
Cryptocurrency Total Market Cap Jumped 80% After COVID-19 Crash

Confidence in regulation of the crypto and digital assets sector is rising, study

May 15, 2025
U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

U.S. Money Reserve Reviews Why Other Nations May Want to Move Away From the Dollar

May 13, 2025
3 Emerging Technologies in the Financial Services Industry in 2022

Delphos Advises on Historic $20 Million Investment for Fintech LendMN to Propel Financial Inclusion in Mongolia

April 23, 2025

Discussion about this post

  • Trending
  • Comments
  • Latest
Ampersand wins £22m five-year contract at London Zoo

Ampersand wins £22m five-year contract at London Zoo

June 25, 2012
Goga Samushia, Director of Commersant

Commersant to Launch New Multimedia Finance Project

June 14, 2025
Fullscript vs. Rupa Health: What the Acquisition Means for Providers and Patients

Fullscript vs. Rupa Health: What the Acquisition Means for Providers and Patients

June 11, 2025
Will digital media be decisive in general election – as it was in Donald Trump’s victory? 

How to Align Social Media with Your Overall Marketing Strategy

June 11, 2025
Leon Botstein’s Five-Decade Transformation at Bard College

Leon Botstein’s Five-Decade Transformation at Bard College

May 28, 2025
Looking For A New Property? Here Are 10 Things You Need To Consider During The Hunt

Looking For A New Property? Here Are 10 Things You Need To Consider During The Hunt

June 16, 2025
7 Digital Marketing Techniques for Business Owners in 2020

Lockton Surprasses $4 Billion in FY2025 revenue

June 16, 2025
Protected: Why Insurance is So Important for Project Management

Protected: Why Insurance is So Important for Project Management

June 16, 2025
Mounting pressure beginning to drive progress for women in senior leadership

Women-Led Businesses Continue To Grow in 2025

June 16, 2025
Ukraine fires US-supplied longer-range missiles into Russia, Moscow says

Ukraine Support: Europe largely fills the US aid withdrawal, lead by the Nordics and the UK

June 16, 2025
ADVERTISEMENT

Popular Last 24h

  • Goga Samushia, Director of Commersant

    Commersant to Launch New Multimedia Finance Project

    59 shares
    Share 24 Tweet 15
  • Women-Led Businesses Continue To Grow in 2025

    28 shares
    Share 11 Tweet 7
  • Ukraine Support: Europe largely fills the US aid withdrawal, lead by the Nordics and the UK

    22 shares
    Share 9 Tweet 6
  • Ampersand wins £22m five-year contract at London Zoo

    3631 shares
    Share 1452 Tweet 908
  • Leon Botstein’s Five-Decade Transformation at Bard College

    316 shares
    Share 126 Tweet 79
  • Nestlé Georgia: A Leader in Baby Food Quality and Innovation

    39 shares
    Share 16 Tweet 10
  • New Columns and Global Partnerships on the Horizon for Publika

    23 shares
    Share 9 Tweet 6

LATEST POSTS

Looking For A New Property? Here Are 10 Things You Need To Consider During The Hunt

Looking For A New Property? Here Are 10 Things You Need To Consider During The Hunt

June 16, 2025
7 Digital Marketing Techniques for Business Owners in 2020

Lockton Surprasses $4 Billion in FY2025 revenue

June 16, 2025
Protected: Why Insurance is So Important for Project Management

Protected: Why Insurance is So Important for Project Management

June 16, 2025
Mounting pressure beginning to drive progress for women in senior leadership

Women-Led Businesses Continue To Grow in 2025

June 16, 2025
Ukraine fires US-supplied longer-range missiles into Russia, Moscow says

Ukraine Support: Europe largely fills the US aid withdrawal, lead by the Nordics and the UK

June 16, 2025
Supply chain management degree course among best in world

 How Apps Are Reshaping Supplier Risk and Compliance

June 15, 2025

A Tutorial on Crafting the Perfect LinkedIn Profile Along with Your Resume

June 15, 2025
Israel’s Illegal, Counterproductive Attacks Make a Nuclear-Armed Iran More Likely

Israel’s Illegal, Counterproductive Attacks Make a Nuclear-Armed Iran More Likely

June 15, 2025
REVAZ NATROSHVILI, CEO of Proservice

Proservice Launches Cloud Solutions, Expanding Infrastructure with Innovations

June 14, 2025
ROLAND ERADZE, Founder of Bona Georgia

Bona Georgia Expands with New Showroom and Innovations in Floor Care

June 14, 2025

LATESTBUSINESS

7 Digital Marketing Techniques for Business Owners in 2020

Lockton Surprasses $4 Billion in FY2025 revenue

by The FINANCIAL
June 16, 2025
0

Mounting pressure beginning to drive progress for women in senior leadership

Women-Led Businesses Continue To Grow in 2025

by The FINANCIAL
June 16, 2025
0

REVAZ NATROSHVILI, CEO of Proservice

Proservice Launches Cloud Solutions, Expanding Infrastructure with Innovations

by Golden Brand
June 14, 2025
0

ROLAND ERADZE, Founder of Bona Georgia

Bona Georgia Expands with New Showroom and Innovations in Floor Care

by Golden Brand
June 14, 2025
0

Foodmg

The Standard of Excellence in Catering: Food Management Group Wins Golden Brand Award

by Golden Brand
June 14, 2025
0

RMN02917_sante004_prevs

From France to Georgia: Président Cheese Wins the Golden Brand Award

by Golden Brand
June 14, 2025
0

TAMTA KALANDADZE, Brand Manager at BMS

Pasta Reggia Expands Its Footprint in Georgian Market with New Products

by Golden Brand
June 14, 2025
0

EKA MAGHLAPERIDZE, Head of the Marketing Department at Libo Group

Fino: A Fresh Presence in the Georgian Market

by Golden Brand
June 14, 2025
0

GET IN TOUCH

Submit guest post/Letters to the Editor:

editor (at) finchannel.com

Sales & Marketing: (+995 558) 03 03 03 Email: marketing (at) finchannel.com

Whatsup: (+995 599) 96 52 52

Georgia:

(+995 599) 96 52 52 Email: editor (@) finchannel.com

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2025 Intelligence Group llc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.