Group 1 - The new $100,000 H-1B visa application fee introduced by the White House may lead to a reduction of up to 5,500 monthly work permits for immigrants [1][3] - The number of affected workers is relatively small compared to the overall U.S. labor market, but tech companies and immigrants from India will face greater impacts [3] - In fiscal year 2024, nearly two-thirds of H-1B approvals are for computer-related occupations, with about 71% of visa recipients coming from India [3] Group 2 - Approximately 65,000 of the 141,000 new H-1B employment applications approved in the last fiscal year were processed overseas, making these applicants the most likely to be affected by the new fee [3] - If all applications were to cease, the monthly immigration work permits could decrease by up to 5,500, unless immigrants can secure employment through other visa categories [3]

Group 1 - The analysis by JPMorgan economists indicates that the White House's proposed $100,000 fee for H-1B visa applications could lead to a reduction of up to 5,500 immigrant work permits issued monthly [1] - Approximately two-thirds of H-1B visa approvals in FY2024 are for computer-related occupations, with about 71% of these visas granted to applicants from India [1] - Revelio Labs' economist suggests that the fee increase could effectively abolish the H-1B system, potentially resulting in a loss of up to 140,000 new jobs annually for U.S. companies reliant on foreign talent [1] Group 2 - Bloomberg Economics estimates that the policy change will primarily reallocate visa resources to high-paying sectors such as technology, finance, and healthcare, while squeezing lower-paying fields like education [2] - The existing H-1B workforce is expected to remain stable in the short term, as the new fee applies only to first-time applications and not to renewals [2] - The broader impact of the policy remains uncertain, with potential opportunities for U.S. workers but also risks of jobs being moved overseas if they are no longer viable domestically [2]