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I’m in the U.S. on an H-1B work visa and worried about my status. What should I do?

1. Trump's administration to impose a $100,000 fee on H-1B applications. 2. New fee applies only to first-time applicants, not current visa holders. 3. Chill potential hiring of foreign workers due to high costs. 4. Companies, including JPM, advised H-1B visa holders to return to the U.S. 5. Experts predict a significant drop in H-1B lottery applications.

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FAQ

Why Bearish?

High visa fees can deter JPMorgan from hiring skilled workers, affecting growth.

How important is it?

The article addresses key changes affecting skilled labor market relevant to JPM.

Why Short Term?

Immediate impacts felt as hiring decisions are influenced by new policies.

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