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Friday, February 21, 2025

South SGV News Publication Area: How many H-1B petitions were made by employers classified under the Finance and Insurance industry during 2024?

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Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

Tammy Meckley, Associate Director, Immigration Records and Identity Services Directorate for USCIS | https://www.dhswatchlist.com/

Employers classified under the Finance and Insurance industry based within the South SGV News publication area, submitted seven H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub. All of these petitions were approved.

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage.

The average approval rate for H-1B petitions across the United States in 2024 stood at 98%, slightly higher than 2023's 97.3%. Locally, employers across all industries located within the South SGV News publication area submitted 350 petitions during the same period, achieving an approval rate of 98.3%.

The Manufacturing industry led the H-1B filings in the South SGV News publication area during 2024, with 100 petitions (28.6% of all submissions), and an approval rate of 99%. Meanwhile, the Professional, Scientific, and Technical Services industry was the second largest contributor, filing 85 petitions (24.3% of the total), with an approval rate of 97.6%.

Compared to 2023, the Finance and Insurance sector in the South SGV News publication area saw a 30% decrease in the number of H-1B petitions during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in the South SGV News Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Manufacturing10028.6%99%1%
2Professional, Scientific, and Technical Services8524.3%97.6%2.4%
3Health Care and Social Assistance4312.3%97.7%2.3%
4Wholesale Trade267.4%96.2%3.8%
5Transportation and Warehousing226.3%95.5%4.5%
6Retail Trade195.4%100%0%
7Educational Services92.6%100%0%
7Information92.6%100%0%
9Real Estate and Rental and Leasing82.3%100%0%
10Finance and Insurance72%100%0%
11Administrative and Support and Waste Management and Remediation Services41.1%100%0%
11Accommodation and Food Services41.1%100%0%
13Construction30.9%100%0%
14Public Administration20.6%100%0%
15Utilities10.3%100%0%
15Other Services (except Public Administration)10.3%100%0%
Employer H-1B Petitions in the South SGV News Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
Niagara Bottling, LLCManufacturing8098.8%1.3%
Pristine Rehab Care, LLCHealth Care and Social Assistance28100%0%
Newegg, Inc.Retail Trade8100%0%
Eric Zhang and Associates, LLPProfessional, Scientific, and Technical Services6100%0%
Win It America, Inc.Transportation and Warehousing, Information, Professional, Scientific, and Technical Services6100%0%
Hot Topic, Inc.Manufacturing6100%0%
Varsun Etechnologies Group, Inc.Professional, Scientific, and Technical Services6100%0%
Simplain Software Solutions, LLCProfessional, Scientific, and Technical Services5100%0%
LTS Associate, Inc.Wholesale Trade4100%0%
Ecotron CorporationProfessional, Scientific, and Technical Services4100%0%
Angeles Del Sol ADHC, LLCHealth Care and Social Assistance475%25%
Demidchik Law Firm, PCProfessional, Scientific, and Technical Services4100%0%
Torrid Administration, Inc.Retail Trade3100%0%
Taad, LLPProfessional, Scientific, and Technical Services3100%0%
Giant Holding, Inc.Professional, Scientific, and Technical Services3100%0%
Zach Technology, Inc.Information, Professional, Scientific, and Technical Services3100%0%
Help Half Plus, Inc.Professional, Scientific, and Technical Services3100%0%
D Element Group, LLCWholesale Trade, Professional, Scientific, and Technical Services2100%0%
Standard Escrow, Inc.Real Estate and Rental and Leasing2100%0%
Di Li Law Professional CorporationProfessional, Scientific, and Technical Services250%50%
Southern California University of Health SciencesEducational Services2100%0%
South Coast Air Quality Management DistrictPublic Administration2100%0%
Oceanblue Network, Inc.Information2100%0%
Cashinflow CompanyManufacturing, Wholesale Trade2100%0%
Shopsocial, Inc.Wholesale Trade2100%0%
Wewin Law Group, PCProfessional, Scientific, and Technical Services2100%0%
Amheart SolutionsProfessional, Scientific, and Technical Services2100%0%
Wei-Chuan U S a, Inc.Manufacturing2100%0%
LFD Forwarding, Inc.Transportation and Warehousing2100%0%
Scott Warmuth a Professional CorporationProfessional, Scientific, and Technical Services2100%0%
VL Electronics, Inc.Manufacturing2100%0%
M-1 Merchant Services, Inc.Finance and Insurance2100%0%
RDD Freight International LA, Inc.Transportation and Warehousing2100%0%
Zenlayer, Inc.Information2100%0%
Extreme Waves, Inc.Professional, Scientific, and Technical Services2100%0%
Benson Bincheng LiaoFinance and Insurance2100%0%
Mexus Solutions, Inc.Professional, Scientific, and Technical Services2100%0%
Unis Company, Inc.Professional, Scientific, and Technical Services2100%0%
U S P Furniture, Corp.Wholesale Trade, Retail Trade2100%0%
Harry C Lin CPA a Professional CorProfessional, Scientific, and Technical Services2100%0%
Joyful Adult Day Health CareHealth Care and Social Assistance2100%0%
Sage Millimeter, Inc.Professional, Scientific, and Technical Services1100%0%
S K Lee PC, D.D.S.Health Care and Social Assistance1100%0%
Petkit Smart Technology LimitedRetail Trade1100%0%
Q-Edge CorporationManufacturing1100%0%
Panoramic Solutions, Inc.1100%0%
Nutrasumma, Inc.Retail Trade1100%0%
Nurture CollectiveHealth Care and Social Assistance1100%0%
Nikka Technology D B a Atan S, Corp.Other Services (except Public Administration)1100%0%
New Wave Lending Group, Inc.Finance and Insurance1100%0%
Mocozy, Inc.Retail Trade1100%0%
MJ Housing and ServicesHealth Care and Social Assistance1100%0%
Miracle Miles, Inc.Wholesale Trade1100%0%
Mingan, Inc.1100%0%
Metaorigin Technology US, Ltd.Professional, Scientific, and Technical Services1100%0%
Melomelo, Inc.Professional, Scientific, and Technical Services1100%0%
Ly-USA Travel, Inc.Administrative and Support and Waste Management and Remediation Services1100%0%
Lucky Stars Adult Day Health Care Center, Inc.Health Care and Social Assistance1100%0%
Lucky Stars Adult Day Health CareHealth Care and Social Assistance1100%0%
C S Transportation, Inc.Wholesale Trade1100%0%
Zhou Law, Inc.Professional, Scientific, and Technical Services1100%0%
Xinli International, Inc.Educational Services1100%0%
WNHL, Inc.Wholesale Trade1100%0%
Whittier CollegeEducational Services1100%0%
Wei Chuan USA, Inc.Professional, Scientific, and Technical Services1100%0%
Wakool TransportTransportation and Warehousing1100%0%
Vincismile Group, LLCWholesale Trade10%100%
USA Hotel Group, LLCAccommodation and Food Services1100%0%
US ARTS Center RH, Inc.Educational Services1100%0%
Unlimited Containers, Inc.Wholesale Trade1100%0%
Trois CPA a Pro, Corp.Professional, Scientific, and Technical Services1100%0%
Transology, Inc.Transportation and Warehousing1100%0%
Top Healthcare Physical Therapy, PCHealth Care and Social Assistance1100%0%
TNJ Express GlobalTransportation and Warehousing1100%0%
TMA Liquor, Inc.Wholesale Trade1100%0%
Titlis North America Freight, LLCTransportation and Warehousing1100%0%
Thunder International Group, Inc.Transportation and Warehousing1100%0%
The Muses InstituteEducational Services1100%0%
SW Translations, Inc.Professional, Scientific, and Technical Services1100%0%
Sun Yin USA, Inc.Wholesale Trade1100%0%
Suavton Group, LLCRetail Trade1100%0%
Ssharma Tax, Inc.Professional, Scientific, and Technical Services1100%0%
Solestage, Inc.Wholesale Trade1100%0%
Soho Apparel Goup, Inc.Wholesale Trade1100%0%
SLM Warehousing RC, LLCTransportation and Warehousing1100%0%
Simon & Edward, LLPProfessional, Scientific, and Technical Services1100%0%
Shuttle Computer Group, Inc.Professional, Scientific, and Technical Services1100%0%
Sharp Jusda Logistics CorporationTransportation and Warehousing1100%0%
Shancheng Lameizi Dining Company, Ltd.Accommodation and Food Services1100%0%
Sequoia Tax and Consulting, Inc.Professional, Scientific, and Technical Services1100%0%
Scosi Orthopedics, Inc.Health Care and Social Assistance1100%0%
SCF Sealing Technology, Inc.Professional, Scientific, and Technical Services1100%0%
C U 2, Inc.Wholesale Trade1100%0%
Caldron Technologies, Inc.Professional, Scientific, and Technical Services1100%0%
California Escrow Group, Inc.Real Estate and Rental and Leasing1100%0%
Cargo Express Shipping, Inc.Transportation and Warehousing1100%0%
CBC Home, LLCConstruction1100%0%
Central Escrow Group, Inc.Real Estate and Rental and Leasing1100%0%
Chang Chang Chen Company CPA SProfessional, Scientific, and Technical Services1100%0%
China Interocean Transport, Inc.Transportation and Warehousing1100%0%
City Ocean International, Inc.Transportation and Warehousing1100%0%
Continent Solution System, Inc.Transportation and Warehousing1100%0%
CTC Investments Properties, Inc.Real Estate and Rental and Leasing1100%0%
Dacel - Ko'S Property Management Inc., Inc.Real Estate and Rental and Leasing1100%0%
Develop Environmental Protection, Corp.Manufacturing1100%0%
Dohome Technologies CorporationRetail Trade1100%0%
Dolphin International Transportation, Inc.Transportation and Warehousing1100%0%
Duro CorporationWholesale Trade1100%0%
Dynasty Shipping, LLCProfessional, Scientific, and Technical Services1100%0%
E Lin Do, Inc.Health Care and Social Assistance1100%0%
1 Realty Global, Inc.Finance and Insurance1100%0%
5 Points Exhibits, Inc.Administrative and Support and Waste Management and Remediation Services1100%0%
8 Net, Inc.Wholesale Trade1100%0%
699food, Inc.Wholesale Trade1100%0%
Abacus Business Capital, Inc.1100%0%
Align, Inc.Retail Trade1100%0%
America Chung Nam, LLCManufacturing1100%0%
American Future Technology DS, Corp.Manufacturing1100%0%
Angeles College City of IndustryEducational Services1100%0%
Angeles Contractor, Inc.Construction1100%0%
Angelo Biotechnology CorporationRetail Trade1100%0%
Aok Group, Inc.Retail Trade1100%0%
Arbor CPA a Professional, Corp.Professional, Scientific, and Technical Services1100%0%
ARK Freight Forwarding, Inc.Transportation and Warehousing1100%0%
Ashtel Studios, Inc.Manufacturing1100%0%
Astrophysics, Inc.Manufacturing1100%0%
Beyond Century Consulting, LLCFinance and Insurance1100%0%
Bridge Education, LLCEducational Services1100%0%
Business Needs, Inc.Professional, Scientific, and Technical Services1100%0%
Homebaylife, Inc.Wholesale Trade1100%0%
Honour Lane Logistics USA, Inc.Professional, Scientific, and Technical Services1100%0%
Huang Law GroupProfessional, Scientific, and Technical Services1100%0%
Ideal Innovation, Corp.Information1100%0%
Integrity International Logistics1100%0%
J F Shea Company, Inc.Construction1100%0%
J F Shea Construction, Inc.Professional, Scientific, and Technical Services1100%0%
JCR Aircraft Deburring, LLCManufacturing1100%0%
Jiunn-Liang Sheu ESQProfessional, Scientific, and Technical Services1100%0%
Jun an Consulting, Inc.Administrative and Support and Waste Management and Remediation Services1100%0%
K & P International Logistics, LLCTransportation and Warehousing10%100%
KCW CPA and AssociatesProfessional, Scientific, and Technical Services1100%0%
Kingstone GroupReal Estate and Rental and Leasing1100%0%
Kurepro, Inc.Wholesale Trade1100%0%
Kyt Technology, Inc.Transportation and Warehousing1100%0%
Law Offices of Bin Li and AssociatProfessional, Scientific, and Technical Services1100%0%
Law Offices of Deacon Zhang, P.C.Professional, Scientific, and Technical Services1100%0%
Leon Chien, Corp.Real Estate and Rental and Leasing1100%0%
Linxbot, Inc.Wholesale Trade1100%0%
ECMS Express, Inc.Professional, Scientific, and Technical Services1100%0%
Elite VoyagesAdministrative and Support and Waste Management and Remediation Services1100%0%
Equus Holdings, Inc.Manufacturing1100%0%
Ernest Engineering, Inc.Professional, Scientific, and Technical Services1100%0%
ESL Academy, Inc.1100%0%
Excellence Opto, Inc.Manufacturing1100%0%
Extensive Therapy Connection and Solution, LLCEducational Services1100%0%
Frank Rong CPA, LLCProfessional, Scientific, and Technical Services1100%0%
Franki Global, Inc.Information1100%0%
Freezing Point Investment D B a Blossom Season Hot Pot, LLCAccommodation and Food Services1100%0%
Golden Bridge International GroupTransportation and Warehousing1100%0%
Golden Global Management, LLCProfessional, Scientific, and Technical Services10%100%
H H J, Inc.Health Care and Social Assistance1100%0%
Harmoni International Spice, Inc.Wholesale Trade1100%0%
HDL Management USA CorporationAccommodation and Food Services1100%0%
Hdtech Solutions, Inc.Professional, Scientific, and Technical Services1100%0%
Heliofidem Renewable Energy, LLCUtilities1100%0%
Hikvision USA, Inc.Wholesale Trade1100%0%
Hilix International, Inc.Professional, Scientific, and Technical Services1100%0%

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