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Lewiston Times

Tuesday, February 11, 2025

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

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Ted H. Kim, Associate Director Refugee, Asylum and International Operations Directorate for USCIS | https://www.naco.org/

Ted H. Kim, Associate Director Refugee, Asylum and International Operations Directorate for USCIS | https://www.naco.org/

Androscoggin Savings Bank, the only employer classified under the Finance and Insurance industry the Lewiston Times publication area to file an H-1B petition in 2024, had its petition approved, giving the company a 100% approval rate, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

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%.

Compared to 2023, the Finance and Insurance sector in the Lewiston Times publication area saw an increase 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 Lewiston Times Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Health Care and Social Assistance731.8%100%0%
2Educational Services627.3%83.3%16.7%
2Administrative and Support and Waste Management and Remediation Services627.3%100%0%
4Finance and Insurance14.5%100%0%
4Professional, Scientific, and Technical Services14.5%100%0%
4Accommodation and Food Services14.5%100%0%
Employer H-1B Petitions in the Lewiston Times Publication Area During 2024
Company NameIndustryTotal Petitions% Approved% Denied
SPI Global US, Inc.Administrative and Support and Waste Management and Remediation Services6100%0%
Bates CollegeEducational Services4100%0%
Central Maine Medical CenterHealth Care and Social Assistance4100%0%
City of Lewiston School DepartmentEducational Services250%50%
St. Marys Regional Medical CenterHealth Care and Social Assistance2100%0%
Androscoggin Savings BankFinance and Insurance1100%0%
Brann Isaacson, LLPProfessional, Scientific, and Technical Services1100%0%
Central Maine Dental, PCHealth Care and Social Assistance1100%0%
Emerald Hospitality, LLCAccommodation and Food Services1100%0%

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