Trump’s $100K H-1B visa fee could slash 5,500 monthly work authorisations, predict JPMorgan economists

A new analysis from JPMorgan Chase is raising alarm about the impact of the Trump administration’s H-1B visa overhaul on the American workforce.

Published Tuesday, the report predicts that the United States could see as many as 5,500 fewer work authorisations each month, as companies deal with the hefty $100,000 fee for each new H-1B application, according to Business Insider.