US has 1 cr vacancies right now: How immigrants should look for jobs amid big tech layoffs? Expert’s take

There are 10.3 million vacancies, i.e. an astounding 1.7 jobs available for every American worker looking for a job

Sanchari Ghosh
Updated7 Dec 2022
Due to recent layoffs by high-profile companies like Twitter, Amazon and Facebook, many H-1B workers are currently unemployed
Due to recent layoffs by high-profile companies like Twitter, Amazon and Facebook, many H-1B workers are currently unemployed

Amid the buzz around more big tech layoffs in the United States, experts notify that there are ‘over 10 million vacancies’ in the country currently, and it is just about looking for them at the right places. 

“The labour shortage in the United States is a persistent problem,” Robert Webber, US Immigration Attorney, commented citing data released by the Job Openings and Labor Turnover survey.

The data showed, there are 10.3 million vacancies, i.e. an astounding 1.7 jobs available for every American worker looking for a job. 

What are the reasons for the perpetual labour shortage? 

Jerome Powell, Chairman of the Federal Reserve, had earlier commented that labor shortage seems attributed to 3 things – first is excess retirements, second is COVID deaths, and the third is a plunge in net immigration.

“The combination of a plunge in net immigration and a surge in deaths during the pandemic probably accounts for about 1-1/2 million missing workers,” Powell asserted. 

How to find the right kind of job in the US? 

Due to recent layoffs by high-profile companies like Twitter, Amazon and Facebook, many H-1B workers are currently unemployed, which created a buzz that in the coming months, it will be difficult to find jobs. 

Webber advises, “If you are hoping to immigrate to the US (or H1B visa holder), the first thing that you need to understand is there are a lot of jobs in the country but those jobs are not necessarily with big technology companies.”

Second, the F1 students and H-1B workers need to be a lot more savvy and look at other industries. IT and software developers are in every industry but there are still lots of jobs in healthcare, the energy sector, and agriculture, as a few examples.

“Healthcare is a particularly attractive sector as many employers are “exempt” from the H-1B cap (annual limit of H-1B work visas).”

Another smart approach he says is to consider going to university in Australia or Canada and becoming Australian or Canadian citizens. “There are special US work visas available for citizens of Australia (E-3 visas) and citizens of Canada (TN visas) and those are not available to citizens of India. But people who go to school in Australia or Canada and stay long enough to become citizens of those countries can qualify for these visas and then come to the US easily.”

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.MoreLess
HomeNewsworldUS has 1 cr vacancies right now: How immigrants should look for jobs amid big tech layoffs? Expert’s take

Most Active Stocks

HDFC Bank

1,710.90
10:29 AM | 25 JUN 2024
38.8 (2.32%)

Grasim Industries

2,516.85
09:59 AM | 25 JUN 2024
1.9 (0.08%)

Power Grid Corporation Of India

327.60
10:20 AM | 25 JUN 2024
-5.45 (-1.64%)

Bharat Electronics

309.50
10:24 AM | 25 JUN 2024
-0.2 (-0.06%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Raymond

2,801.95
09:59 AM | 25 JUN 2024
193.75 (7.43%)

Welspun Corp

541.55
10:20 AM | 25 JUN 2024
29.4 (5.74%)

Patanjali Foods

1,529.90
10:11 AM | 25 JUN 2024
72.95 (5.01%)

LIC Housing Finance

768.15
09:59 AM | 25 JUN 2024
33.4 (4.55%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    72,976.00-1,079.00
    Chennai
    73,620.00-654.00
    Delhi
    72,689.00-1,803.00
    Kolkata
    73,119.00-1,082.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.75/L0.00
    Kolkata
    103.94/L0.00
    New Delhi
    94.72/L0.00
    OPEN IN APP
    HomeMarketsPremiumInstant LoanGet App