6 H-1B petitions filed by Finance and Insurance employers classified under the Finance and Insurance industry in Wyoming in 2024

6 H-1B petitions filed by Finance and Insurance employers classified under the Finance and Insurance industry in Wyoming in 2024

Economics
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Ur Mendoza Jaddou, Director of the U.S. Citizenship and Immigration Services. | https://www.uscis.gov/about-us/organization/leadership/ur-m-jaddou-director-us-citizenship-and-immigration-services

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Employers classified under the Finance and Insurance industry based in Wyoming submitted six H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

All of the petitions submitted in the period were denied.

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%, higher than 2023's 97.3%. Statewide, Wyoming employers across all industries submitted 218 petitions during the same period, achieving an approval rate of 89.5%.

While the Professional, Scientific, and Technical Services industry led the H-1B filings with 118 petitions, representing 54.1% of all submissions in Wyoming during 2024, the next largest contributor was the Educational Services industry, which accounted for 48 petitions and represented 22% of the total. Among petitions from employers in the Educational Services industry, 104 were approved and 14 were denied.

The Wyoming employer which made the most petitions in the Finance and Insurance sector during 2024 was Vacationdivvy, Inc., with five petitions.

Compared to 2023, the Finance and Insurance sector in Wyoming saw a 100% 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 Wyoming, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Professional, Scientific, and Technical Services11854.1%88.1%11.9%
2Educational Services4822%97.9%2.1%
3Health Care and Social Assistance188.3%100%0%
4Information73.2%100%0%
5Finance and Insurance62.8%0%100%
6Manufacturing52.3%80%20%
6Administrative and Support and Waste Management and Remediation Services52.3%100%0%
8Wholesale Trade31.4%100%0%
9Utilities20.9%100%0%
9Mining, Quarrying, and Oil and Gas Extraction20.9%100%0%
11Other Services (except Public Administration)10.5%0%100%
11Real Estate and Rental and Leasing10.5%100%0%
11Management of Companies and Enterprises10.5%100%0%
11Public Administration10.5%100%0%

Top Employers in Finance and Insurance Industry in Wyoming, 2024

RankCompany NameTotal Petitions% Approved% Denied
1Vacationdivvy, Inc.50%100%
2Drivewealth, Inc.10%100%

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