India, Sept. 24 -- The White House's new $100,000 fee on H-1B visa applications could reduce work authorisations for immigrants by as many as 5,500 a month, according to an analysis by JPMorgan Chase & Co. economists.

Though the number of affected workers is "fairly small" in the context of the overall US labour market, Abiel Reinhart and Michael Feroli wrote in a note, technology companies and immigrants from India stand to face a greater impact.

Computer-related occupations accounted for nearly two-thirds of H-1B approvals in the year through September 2024, and roughly half of approved petitions were for roles in the professional, scientific, and technical services sector. About 71% of the visa approvals were from India.

Of the some...