OECD Chief Economist Alvaro Santos Pereira Highlights Importance of High-Skilled Migrants for US Economy

• OECD chief economist Alvaro Santos Pereira emphasizes the importance of high-skilled migrants for the US economy.

• The OECD upgraded the forecast to 3.2% growth in 2025, up from 2.9% in June.

• The economy showed resilience in the first half of the year due to companies importing goods before US tariffs took effect.

• The OECD also raised the U.S. growth outlook from 1.6% to 1.8%, but warned it would slow as higher tariffs begin to impact growth.

• The report was written before the new H-1B visa fee rule came into force.

• H-1B visas, which allow companies to sponsor foreign workers with specialized skills, are widely used by the tech industry.

OECD on Skilled Migration is important topic for Civil service exam (WBCS).

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