--- title: Impact of the US slowdown date: "2001-04-05T12:00:00Z" categories: - links wp_id: 1838 description: The 2001 US economic slowdown caused a 44% drop in tech worker demand. This shift disproportionately affects H1-B visa holders and recruitment body shoppers as the industry faces a significant contraction in labor needs and hiring. keywords: [us economy, h1-b visas, body shoppers, tech industry, labor demand, recruitment] --- With the US economy slowing down, the need for technology workers [has dropped 44%](http://www.itaa.org/workforce/studies/01execsumm.htm). Those with [H1-B visas](http://www.ilw.com/lawyers/immigdaily/letters/2001,0329-H-1B.shtm), and [body shoppers](http://www.nytimes.com/2001/03/31/technology/31RECR.html), are facing the brunt.