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Friday, March 28, 2025

Rhode Island sees 750 H-1B petitions from employers classified under the Retail Trade industry during 2024

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Ted H. Kim, Associate Director Refugee, Asylum and International Operations Directorate for USCIS | https://www.naco.org/

Ted H. Kim, Associate Director Refugee, Asylum and International Operations Directorate for USCIS | https://www.naco.org/

Employers classified under the Retail Trade industry based in Rhode Island submitted 750 H-1B petitions during 2024, according to data provided by the U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

Of these, 744 were approved (99.2%), while six were denied (0.8%).

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, Rhode Island employers across all industries submitted 1,721 petitions during the same period, achieving an approval rate of 99.2%.

The Retail Trade industry led the H-1B filings in Rhode Island during 2024, with 750 petitions (43.6% of all submissions), and an approval rate of 99.2%. Meanwhile, the Finance and Insurance industry was the second largest contributor, filing 379 petitions (22% of the total), with an approval rate of 99.7%.

The Rhode Island employers which made the most petitions in the Retail Trade sector during 2024 included Caremark, LLC with 375 petitions, CVS Pharmacy, Inc. with 299 petitions, and CVS RX Services, Inc. with 61 petitions.

Compared to 2023, the Retail Trade sector in Rhode Island saw a 16.1% decrease 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 Rhode Island, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Retail Trade75043.6%99.2%0.8%
2Finance and Insurance37922%99.7%0.3%
3Professional, Scientific, and Technical Services1398.1%97.1%2.9%
4Management of Companies and Enterprises1367.9%99.3%0.7%
5Educational Services1217%99.2%0.8%
6Health Care and Social Assistance1025.9%100%0%
7Manufacturing472.7%100%0%
8Construction130.8%92.3%7.7%
9Information110.6%100%0%
10Wholesale Trade80.5%100%0%
11Arts, Entertainment, and Recreation60.4%100%0%
12Transportation and Warehousing40.2%100%0%
13Real Estate and Rental and Leasing20.1%100%0%
14Public Administration10.1%100%0%
14Accommodation and Food Services10.1%100%0%
14Other Services (except Public Administration)10.1%100%0%

Top Employers in Retail Trade Industry in Rhode Island, 2024

RankCompany NameTotal Petitions% Approved% Denied
1Caremark, LLC37599.7%0.3%
2CVS Pharmacy, Inc.29999.3%0.7%
3CVS RX Services, Inc.6195.1%4.9%
4Procare Pharmacy, LLC13100%0%
5Aetna Resources, LLC1100%0%
5Shubhlakshmi, Corp.1100%0%

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