News Summary

• President Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications.
• The administration’s new move is designed to crack down on what it calls widespread abuse of the program, which it blames for displacing American workers.
• According to the White House, the share of IT workers with H1B visas has skyrocketed from 32% in 2003 to over 65% today, while unemployment among recent computer science graduates has hit 6.1%.