The Trump administration says the new $100,000 fee for foreign employees to obtain an H-1B visa will spur companies to hire Americans instead of bringing in labor from overseas. Yet many economists predict the results will be more mixed, potentially fostering increased domestic hiring in some industries but slowing long-term economic growth with a knock-on effect on overall employment.

"I could envision a scenario in which otherwise available [American] employees see a large increase for their labor demand," Kirk Doran, associate professor of economics at the University of Notre Dame, said of the new visa policy. "There is some evidence that for the kind of work H-1B employees do, there are available workers looking for jobs right now."

In the near term, some technology industry work

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