There's A Spike In H1B Visa Applications
DAVID GREENE, HOST:
NPR's business news starts with a spike in visa applications.
(SOUNDBITE OF MUSIC)
GREENE: Yesterday marked the start of the application period for H1B visa. These are the work permits granted to 85,000 skilled foreigners each year. Many of them work in the high-tech industry. Now for the first time since the financial crisis hit in 2008, the quotas for the H1B are expected to be filled in a single week. And analysts are pointing to this as a sign the U.S. economy may be returning to gross levels seen before the crash.
NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.