In FY2024, Allocating Visas by Wage Ranking Would Have More than Tripled the Number of H-1Bs in AI and Raised Their Average Wages by $19,000

Note: Our proposed wage ranking method assumes a 3% annual discount rate and accounts for age and state-level cost of living. Fiscal impact methodology available on Github: /EIG-Research/Fiscal-Impacts-H1B.
Source: Bloomberg FY2024 I-129 Petitions FOIA data. Census American Community Survey. BEA Regional Price Parities. OBM Historical Tables.