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North Iowa Reporter

Saturday, February 22, 2025

North Iowa Reporter 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/

Agencybloc, LLC, the only employer classified under the Finance and Insurance industry the North Iowa Reporter 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 North Iowa Reporter 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 North Iowa Reporter Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Health Care and Social Assistance2234.4%100%0%
2Manufacturing1726.6%100%0%
3Professional, Scientific, and Technical Services812.5%100%0%
4Arts, Entertainment, and Recreation710.9%100%0%
5Educational Services34.7%100%0%
6Finance and Insurance23.1%100%0%
6Utilities23.1%100%0%
8Public Administration11.6%100%0%
8Transportation and Warehousing11.6%100%0%
8Construction11.6%100%0%
Employer H-1B Petitions in the North Iowa Reporter Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
Cambrex Charles City, Inc.Manufacturing14100%0%
Mercyone North IowaHealth Care and Social Assistance14100%0%
Sciplay Games, LLCArts, Entertainment, and Recreation7100%0%
Kingland Systems, LLCProfessional, Scientific, and Technical Services4100%0%
Agencybloc, LLCFinance and Insurance, Professional, Scientific, and Technical Services3100%0%
Kossuth County HospitalHealth Care and Social Assistance3100%0%
Hancock County Health SystemHealth Care and Social Assistance3100%0%
Wartburg CollegeEducational Services2100%0%
Distek Integration, Inc.Professional, Scientific, and Technical Services2100%0%
Cedar Falls UtilitiesUtilities2100%0%
Denver Community School DistrictEducational Services1100%0%
Mason City Clinic, P CHealth Care and Social Assistance1100%0%
City of Cedar FallsPublic Administration1100%0%
Pathology Associates of Mason CityHealth Care and Social Assistance1100%0%
Performance Livestock Analytics 2 0, Inc.Professional, Scientific, and Technical Services1100%0%
Stateline CooperativeTransportation and Warehousing1100%0%
Stueve Construction, LLCConstruction1100%0%
Sukup Manufacturing CompanyManufacturing1100%0%
United Equipment Accessories, Inc.Manufacturing1100%0%
Brandfx, LLCManufacturing1100%0%

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