A generation of students in India pinned hopes and family savings on careers that once soared on H-1B visas allowing work in the United States.
Category: Labor and Jobs
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Would You Work ‘996’? The Hustle Culture Trend Is Taking Hold in Silicon Valley.
The number combination refers to a work schedule — 9 a.m. to 9 p.m., six days a week — that has its origins in China’s hard-charging tech scene.
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Germany Woos Indian Workers Spooked by Trump’s H-1B Visa Fee
Selling the prospect of high wages and stable migration rules, Germany’s ambassador to India makes a pitch to skilled Indian workers.
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A Federal Shutdown May Be Imminent. How Would It Affect the Economy?
Congress and the White House have days to fund the government and avert a disruptive and potentially costly lapse in funding.
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Trump’s $100,000 Visa Fee Puts Many Tech Start-Ups in a Bind
Silicon Valley start-ups said they were concerned they would be disproportionately hurt by the new visa fee for skilled foreign workers, given their limited resources.
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India Reels From Trump’s H-1B Visa Fee
The H-1B visa lured a generation of Indian professionals to take part in the American dream. A $100,000 fee has forced a rethink of the route.
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How Universal Child Care Could Change the Economy
Zohran Mamdani, the Democratic nominee for New York City mayor, has proposed no-cost, universal child care, helping to reignite a national conversation.
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Novo Nordisk’s Woes Are Slimming Denmark’s Economic Growth
Because of its size, the drugmaker has an outsize effect on the country. Now, as it sheds jobs, forecasts for Denmark’s growth are falling, too.
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Do You Want a New Job, or Just Some External Validation?
Plus, how to gently tell your boss you have a better way of doing things.
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Newark Airport Crisis Has Eased but Tech and Staffing Issues Persist
United Airlines said it had a very good summer at Newark airport. But air traffic control equipment issues and staffing shortages remained unresolved.
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Fed Faces No Good Options as Labor Market Wobbles While Inflation Firms
The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed economic signals and a relentless White House pressure campaign.
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The Long-Term Unemployed Today? College Grads.
For years, only a small portion of the people experiencing long spells of joblessness were college graduates. That’s starting to change.