U.S. Markets closed
  • S&P 500

    3,629.65
    -5.76 (-0.16%)
     
  • Dow 30

    29,872.47
    -173.77 (-0.58%)
     
  • Nasdaq

    12,094.40
    +57.62 (+0.48%)
     
  • Russell 2000

    1,845.02
    -8.51 (-0.46%)
     
  • Crude Oil

    45.13
    -0.58 (-1.27%)
     
  • Gold

    1,814.30
    +3.10 (+0.17%)
     
  • Silver

    23.43
    -0.02 (-0.07%)
     
  • EUR/USD

    1.1910
    -0.0009 (-0.0715%)
     
  • 10-Yr Bond

    0.8780
    -0.0040 (-0.45%)
     
  • Vix

    21.25
    -0.39 (-1.80%)
     
  • GBP/USD

    1.3355
    -0.0027 (-0.2043%)
     
  • USD/JPY

    104.2490
    -0.1910 (-0.1829%)
     
  • BTC-USD

    16,682.83
    -1,296.35 (-7.21%)
     
  • CMC Crypto 200

    325.93
    -44.58 (-12.03%)
     
  • FTSE 100

    6,362.93
    -28.16 (-0.44%)
     
  • Nikkei 225

    26,537.31
    +240.45 (+0.91%)
     

Why America’s H-1B visa loss could be India’s gain

Ananya Bhattacharya
Audience members wave Indian flags and hold balloons during an event with India's Prime Minister Modi at Madison Square Garden in New York
Audience members wave Indian flags and hold balloons during an event with India's Prime Minister Modi at Madison Square Garden in New York

The Trump administration’s four-year campaign against the H-1B visa, designed for workers with special skills, has undermined foreign nationals’ sense of security and hurt the US economy. But America’s loss could be India’s gain. Highly skilled, young workers from India—the biggest group of H-1B recipients—are abandoning the American dream and moving home. The technical jobs…

Sign up for the Quartz Daily Brief, our free daily newsletter with the world’s most important and interesting news.

More stories from Quartz: