US tech hiring surge boosts Indian IT firms like TCS, Infosys, HCL. Job openings in tech positions increase, with cities like New York, Washington, Dallas showing high demand. CompTIA forecasts further growth in the tech workforce.
Remote work opportunities for high-wage earners in the United States have declined since Q3 2022, according to Ladders. Job listings for $200,000+ salaries dropped from 3 in 10 to 1 in 10 by December 2022. Hybrid work listings decreased from 16% to 3% in early 2023.
A surge in immigration to the United States is projected to impact the economy, labour market, and housing sector. The Congressional Budget Office (CBO) anticipates a larger and younger workforce, potential effects on average wages, increased productivity, and growth in residential investment.
H-1B visa holders are authorized to work for the sponsoring employer in the U.S. for a specific period, usually up to three years, with the possibility of extension.