In fiscal year 2023, the United States Citizenship and Immigration Services (USCIS) completed 10 million immigration cases, reducing backlogs by 15%. USCIS also introduced technology solutions to improve customer experience and issued over 192,000 employment-based immigrant visas, supporting workers and employers.
White-collar workers are facing potential job loss as AI and automation become more prevalent. While studies show that AI can improve productivity and quality of work, there are concerns about negative consequences such as devaluing certain skills and reducing job opportunities. Regulation, creating new tasks around AI, and implementing a social safety net are suggested as possible solutions.
Many feel their long-term financial security is vulnerable to social and political threats, despite positive economic signs. ‘There’s a sense it could all go away in a second.’
The United States will start online filing of H-1B applications for FY25 in February, with the introduction of organizational accounts for collaboration and submission.
The dollar index fell 0.4% to 102.0 after hitting 103.10 following the stronger-than-expected jobs report. That was the highest since mid-December. On the week however, the dollar gained 0.6%, on pace for its best weekly rise since early December.