Quantcast

East Cleveland News

Friday, February 21, 2025

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

Webp 9kee6dxqpym08rad8dk7jkffr9it

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/

Employers classified under the Finance and Insurance industry based within the East Cleveland News publication area, submitted 73 H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub. Of these, 72 were approved (98.6%), while one was denied (1.4%).

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 East Cleveland News publication area submitted 402 petitions during the same period, achieving an approval rate of 99.5%.

The Manufacturing industry led the H-1B filings in the East Cleveland News publication area during 2024, with 130 petitions (32.3% of all submissions), and an approval rate of 99.2%. Meanwhile, the Educational Services industry was the second largest contributor, filing 82 petitions (20.4% of the total), with an approval rate of 100%.

The East Cleveland News publication area employers with the most petitions categorized under the Finance and Insurance sector during 2024 included Progressive Casualty Insurance Com, which filed 35 petitions with an approval rate of 100%, Progressive Casualty Insurance Com with 26 petitions and an approval rate of 100%, and Progressive Casualty Insurance Company, which filed six petitions with an approval rate of 100%.

Compared to 2023, the Finance and Insurance sector in the East Cleveland News publication area saw a 14.1% 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 East Cleveland News Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Manufacturing13032.3%99.2%0.8%
2Educational Services8220.4%100%0%
3Health Care and Social Assistance7919.7%100%0%
4Finance and Insurance7318.2%98.6%1.4%
5Professional, Scientific, and Technical Services184.5%100%0%
6Information20.5%100%0%
6Construction20.5%100%0%
6Transportation and Warehousing20.5%100%0%
6Other Services (except Public Administration)20.5%100%0%
10Accommodation and Food Services10.2%100%0%
10Wholesale Trade10.2%100%0%
10Retail Trade10.2%100%0%
Employer H-1B Petitions in the East Cleveland News Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
Case Western Reserve UniversityEducational Services82100%0%
Eaton CorporationManufacturing73100%0%
Progressive Casualty Insurance ComFinance and Insurance6398.4%1.6%
University Hospitals Cleveland MedHealth Care and Social Assistance36100%0%
University Hospitals Medical GroupHealth Care and Social Assistance31100%0%
Parker Hannifin CorporationManufacturing28100%0%
Cooper Power Systems, LLCManufacturing9100%0%
Progressive Casualty Insurance CompanyFinance and Insurance8100%0%
Louis Stokes Cleveland VA Medical CenterHealth Care and Social Assistance7100%0%
Lubrizol Advanced Materials, Inc.Manufacturing4100%0%
Trimble Transportation Enterprise Solutions, Inc.Professional, Scientific, and Technical Services3100%0%
University Hospitals Cleveland Medical CenterHealth Care and Social Assistance3100%0%
The Lubrizol CorporationManufacturing3100%0%
The Lincoln Electric CompanyManufacturing3100%0%
Morrison Products, Inc.Manufacturing366.7%33.3%
University Hospitals Health SystemHealth Care and Social Assistance3100%0%
University Hospitals Medical Group, Inc.Health Care and Social Assistance3100%0%
John Carroll UniversityEducational Services2100%0%
Philips Medical Systems Cleveland, Inc.Manufacturing2100%0%
Hose Master, LLCManufacturing, Professional, Scientific, and Technical Services2100%0%
Covariance Biosciences, LLCProfessional, Scientific, and Technical Services2100%0%
One SKY Flight, LLCTransportation and Warehousing2100%0%
Price for Profit, LLCProfessional, Scientific, and Technical Services1100%0%
Park Place Technologies, LLCOther Services (except Public Administration)1100%0%
3820 Orange LLC, PLAccommodation and Food Services1100%0%
Seam Group, LLCOther Services (except Public Administration)1100%0%
Shark and Minnow, Inc.Professional, Scientific, and Technical Services1100%0%
Sundays for DogsManufacturing1100%0%
The Tranzonic CompaniesRetail Trade1100%0%
Think a Move, Ltd.Professional, Scientific, and Technical Services1100%0%
University Primary Care PracticesHealth Care and Social Assistance1100%0%
Aba Insurance Services, Inc.Finance and Insurance1100%0%
Aviation Component Solutions, Inc.Manufacturing1100%0%
Avion Consulting Group, LLCProfessional, Scientific, and Technical Services1100%0%
C and Y Group Cleveland, Inc.Wholesale Trade1100%0%
Cellular Technology LimitedProfessional, Scientific, and Technical Services1100%0%
Confinity Robotics D B a Confi, LLCInformation1100%0%
Cooper Crouse-Hinds, LLCManufacturing1100%0%
Cooper Wiring Devices, Inc.Manufacturing1100%0%
Cuyahoga County1100%0%
Dakota Software CorporationProfessional, Scientific, and Technical Services1100%0%
Dingus and Daga, Inc.Professional, Scientific, and Technical Services1100%0%
Eaton Aerospace, LLCManufacturing1100%0%
HW and CompanyProfessional, Scientific, and Technical Services1100%0%
J Kurtz Architechs, Ltd.Professional, Scientific, and Technical Services1100%0%
Loomis Companies, LLCConstruction1100%0%
Marsh Berry & Company D B a Marshberry, LLCFinance and Insurance1100%0%
Millennium Control Systems, LLCConstruction1100%0%
Mim Software, Inc.Information1100%0%
Ncompas Business Solutions, Inc.Professional, Scientific, and Technical Services1100%0%
Nitor Partners, LLCProfessional, Scientific, and Technical Services1100%0%
Numantra Technologies, LLCProfessional, Scientific, and Technical Services1100%0%

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS