The 9.8% unemployment rate is calculated based on people who are without jobs, who are available to work and who have actively sought work in the prior four weeks. The “actively looking for work” definition is fairly broad, including people who contacted an employer, employment agency, job center or friends; sent out resumes or filled out applications; or answered or placed ads, among other things.
3. As a recruiter of NPA an international recruiter network, with over 200 associates in the US alone, I am privy to getting an insight into another increasing trend of permanent jobs with a caveat “ No relocation, no visa transfers or Sponsorships, no C2C”- totally different from early 2008 when companies were willing to look at people with H1B with at least 2 yrs of validity!
Is there a dwindling interest in hiring of ‘immigrants’ in the US market? Considering that almost 25% of the H1B visas are generally bagged by Indians – is there a likelihood that we might see a reverse brain drain from US back to India soon?
Will Indian employers find the ‘returning Indian’ experience as relevant in the next few years as they had in the past? Or would the skills in demand be different?