BlackRock
BLKThe Filing Footprint Is Bigger Than One Legal Name
BlackRock needs to be read through its public employer-name boundary: BlackRock Financial Management, Inc. plus BlackRock Investment Management, BlackRock Institutional Trust Company, and BlackRock Corporation US employer-name variants in the DOL records.
Across FY2020 through FY2025, those rows add up to 4,728 Labor Condition Applications. Including the FY2026 partial-year rows, the total reaches 4,769. FY2025 alone accounts for 622 LCA filings.
The USCIS series shown here totals 1,512 approvals across the available approval rows. Where FY2025 rows are initial approvals only, the page labels them that way. LCA filings are not headcount, hired workers, or proof that a specific American worker was replaced.
28 total denials across all years (0.6% of filings) - too small to display on this chart.
The Employer Boundary Drives the Count
Blackrock Financial Management, Inc. is the largest filing name, but the full public footprint depends on combining the affiliated employer rows used for this page.
The peak year in the full-year series is FY2021, with 1,361 filings. FY2026 currently shows 41 rows and should be read as a partial-year value, not as a final decline.
This site no longer charts H-1B filings as a share of workforce. The ratio can blur U.S. employees, global employees, contractors, and offshore delivery headcount into one denominator.
Rows with a disclosed U.S.-employee denominator available here: 0. The analysis now uses filings, approvals, wage, worksite, and title concentration instead.
Workforce Context, Kept in Bounds
In June 2026 American Bazaar reported BlackRock was cutting about 200 jobs, roughly 1% of its workforce, in its third measured layoff round in 18 months, touching investment, operations, technology, and the private-financing business it expanded through the $12 billion HPS acquisition. BlackRock's visa profile is smaller than a body shop's but structurally similar to its Wall Street peers: filings under Associate, Vice President, and Analyst rank titles rather than occupational descriptions, concentrated in New York and San Francisco at wages that track the firm's compensation bands.
The public workforce story belongs next to the filing volume, but it does not turn every LCA into a replacement claim.
BlackRock is not an H-1B dependent employer and no enforcement action appears in the records used here. The layoff rounds were attributed to strategic realignment, not visa hiring.
The Labor-Market Signal Is in the Job Mix
The leading occupation is Financial Quantitative Analysts, and the leading job title is Associate; those roles show what part of the labor market the filings reach.
For FY2025, the average H-1B wage in the filtered salary extract is $144,324, compared with an average prevailing-wage benchmark of $117,252. That is a $27,072 spread over the legal wage floor.
Where the Filings Reach the U.S. Labor Market
New York, Ny leads the mapped worksite list with 1,968 rows for this employer boundary.
Green Cards Add the Long-Term Tie
The PERM layer adds 545 labor-certification cases from FY2020 through FY2025, including 119 in FY2025.
PERM records are a different process from H-1B petitions, but they matter because the sponsorship timeline can tie a worker to an employer for years.
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| Title | Count |
|---|---|
| Associate | 1,831 |
| Vice President | 1,334 |
| Analyst | 1,186 |
| Director | 257 |
| Managing Director | 13 |
| Software Developer Application | 9 |
| Computer Systems Engineers/architects | 7 |
| Vice President, Application Engineer | 5 |
- LCA filings and salary data: DOL OFLC disclosure rows mapped by the employer-name boundary used for this investigation.
- H-1B approvals: USCIS H-1B Employer Data Hub CSV rows for FY2020-FY2023, plus FY2025 hub initial approvals where available.
- PERM data: DOL OFLC PERM disclosure rows mapped with the same employer-name boundary.
- American Bazaar, June 17, 2026: BlackRock cuts 200 jobs after three rounds of layoffs in 18 months; Bloomberg coverage cited therein.
- BLS wage comparison: OEWS May 2023 national median for software developers.
Caveat: LCA filings are not H-1B petitions or hired workers. FY2025 USCIS hub rows are initial approvals only, so denial rates are not computed for those rows.