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Massive H-1B Decline
- U.S. President Donald Trump signed a proclamation on September 18, 2026 extending the $100,000 payment requirement for certain H-1B visa petitions until September 21, 2027.
- The administration reported consular-processing H-1B requests fell roughly 97% between the FY 2025 and FY 2027 cap seasons.
- White House reported a 92% registration drop among IT staffing firms after the fee.
- USCIS data showed Indian-born workers comprised 71% of approved H-1B petitions in fiscal year 2024.
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