Did the U.S. Department of Labor suspend PERM processing for large IT firms?
X · 26.2K likes on Benny Johnson post (syndication); quote-posted 'Ruh roh' by Labor Dept Inspector General Anthony D'Esposito (2.4K likes); covered by Times of India, Hindustan Times, WION, News18
True But
The post mixes fact and hyperbole: it correctly reports that U.S. authorities suspended PERM (green-card) processing for several large IT firms on Oct 8, 2026, and Indian markets did suffer sharp declines around the same time. However, it is incorrect to say the H-1B program itself was suspended, and saying the market 'completely COLLAPSED' is an exaggeration that overstates causation.