{"id":26581,"date":"2020-09-27T17:02:45","date_gmt":"2020-09-27T22:02:45","guid":{"rendered":"https:\/\/www.indianeagle.com\/travelbeats\/?p=26581"},"modified":"2020-09-27T19:04:05","modified_gmt":"2020-09-28T00:04:05","slug":"h1b-one-workforce-grant-program","status":"publish","type":"post","link":"https:\/\/www.indianeagle.com\/travelbeats\/h1b-one-workforce-grant-program\/","title":{"rendered":"US Launches H1B One Workforce Grant Program to Spend $150M to Train Americans for High-skilled H1B Jobs"},"content":{"rendered":"
The H1B visa program is one of the fulcrums of a seesaw that President Donald Trump and Joe Biden are sitting on with a bated breath, while the US Presidential election 2020 is just a month away.<\/strong> The Democratic presidential candidate, Joe Biden has vowed to strengthen the US-India relations by mitigating the concerns about H1B visa for Indian techies, whereas President Trump is all set to fill in the void of American talent for high-skilled H1B occupations. H1B visa is so integral to the presidential election that it has become a matter of contention between Trump and Biden.<\/p>\n On September 24, the US Department of Labor introduced the H1B One Workforce Grant Program to upskill the American workforce for high-skilled H1B jobs in the days to come. A grant of $150 million will be approved and spent under the H1B One Workforce Grant Program to train the next-gen American workers in key sectors driving the economic growth of the country, including cyber security, information technology, transportation and manufacturing.<\/p><\/blockquote>\n Picture Credit: APNLive.com<\/p><\/div>\n The Department of Labor said that the H1B One Workforce Grant Program will be executed through public-private partnerships to train individuals in the skills relevant to medium-to-high skilled H1B occupations. Establishing a more integrated workforce system is the goal that the Department\u2019s Employment and Training Administration will be disbursing the grants to achieve.<\/p>\n The Trump administration\u2019s H1B One Workforce Grant Program seems the last nail in the coffin of American dreams for foreign techies, including Indians.<\/strong> Notably, India is the biggest long-term beneficiary of the H1B visa program. The US policy critics, conglomerates and outsourcing firms have denounced the move as restriction of access to the pool of business-critical talent in foreign countries, including India. 70% of H1B visas have been issued to Indian techies in the past five years.<\/p>\n The H1B One Workforce Grant Program appears to combat the United States\u2019 employment crisis in view of the pandemic and ignores what H1B visa<\/a><\/strong> workers contribute to the US economy. One of the key findings in the pre-COVID19 studies on the economy impact of H1B visa workers is that they contribute more than $27 billion to the federal programs like social security and Medicare that they being non-immigrants are not entitled to. Another pre-COVID19 finding is that three million H1B visa workers in the USA collectively pay $85 billion towards income taxes at a base tax rate of 24%.<\/p><\/blockquote>\n The Department of Labor is urging local employers to think and work as \u2018One Workforce\u2019 instead of individuals, in a bid to justify the H1B One Workforce Grant Program and revive the COVID19-hit US economy.<\/strong> \u201cOur goal is to create seamless collaboration to build a career passage for local job seekers in key sectors where foreign professionals are hired on H1B visa for high-skilled occupations,\u201d said John Pallasch, Assistant Secretary for Employment and Training.<\/p>\n Also Read: New Executive Order Bans Hiring of H1B Visa Holders for Federal Jobs<\/a><\/strong><\/p>\n Lead applicants for the H1B One Workforce Grant Program include businesses, business-related nonprofits, community colleges, community-based organizations, and entities managing the public workforce system. The program will benefit the unemployed, the underemployed and incumbent workers who need skill develop in the pandemic-hit US. Each selected applicant will be given between $500,000 and $10 million from the $150-million grant under the H1B One Workforce Grant Program.<\/p>\n Travel Beats is an Indian Community Portal by\u00a0Indian Eagle, a leading air travel booking partner of Indians in USA. Subscribe to Travel Beats\u2019 free newsletter for latest updates on US visa & immigration, Indian American community, and booking of air bubble flights to India<\/a> from USA.<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The H1B visa program is one of the fulcrums of a seesaw that President Donald Trump and Joe Biden are sitting on with a bated breath, while the US Presidential election 2020 is just a month away. The Democratic presidential candidate, Joe Biden has vowed to strengthen the US-India relations by mitigating the concerns about […]<\/p>\n","protected":false},"author":1,"featured_media":26589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[286],"yoast_head":"\n