WashU Expert: H-1B visa restrictions unlikely to impact unemployment rates

WashU Expert: H-1B visa restrictions unlikely to impact unemployment rates

President Donald Trump issued a presidential proclamation this week that will suspend most new H-1B and other visas through the end of the year — a move the administration said was to protect jobs for unemployed Americans affected by COVID-19. The industries most reliant on visas to fill open positions, however, have relatively low unemployment rates, according to an Olin Business School expert at Washington University in St. Louis.
WashU Expert: Disappearance of sports inflicts pain on entire economy

WashU Expert: Disappearance of sports inflicts pain on entire economy

The U.S. sports blackout because of the pandemic has left at least a $12 billion crater in the national economy. And even if stadiums and arenas light up anew soon, they won’t look the same. A sports business expert from the Olin Business School at Washington University in St. Louis doesn’t expect the NBA, NHL and Major League Baseball to welcome fans if/when they return in 2020, for example.
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