World Economy
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Foreign Job Pool

Foreign Job PoolForeign Job Pool

President Barack Obama’s immigration order will let US companies temporarily hire more foreign college graduates even as it stops short of providing more of the H1-B work visas favored by technology companies. Obama, in his plan announced last night, will expand a training program that allows foreign citizens who earn US degrees in science, technology, engineering and math to work in the US for up to 29 months. The training arrangement is used by companies including Twitter Inc. and Intel Corp. The president won’t increase the number of H1-B visas for high-skilled workers important to the technology industry, or allow more green cards granting permanent

Financialtribune.com