June 6, H1B visa 2012 Cap count update- 800 petitions filed. Less Jobs ?
USCIS updated H1B cap count numbers yesterday. They updated count considering all the petitions received until June 1st, 2011. History of the Cap count Updates are tracked on our H1B Visa 2012 Cap Count Tracking page as well.
Here are the numbers :
- New 500 cap eligible petitions were filed for Regular quota
- New 300 cap eligible petitions were filed for MS/Advanced degree quota.
June 1st, H1B cap count updates by USCIS :
|Regular H1B Cap H1B filings||13,600 of total 65,000|
|Advanced degree cap filing count||9,300 of total 20,000|
|Total H1B visa petitions received||22,900 of total 85,000|
H1B Cap count Down by about 40 % – Holiday weekend ?
The H1B visa petitions filed last week dropped by about 40 % as we compare with with the previous week, i.e. May 31st , H1B 2012 cap update…if we compare the numbers, the regular quota filings were down by 300 from 800 last week to 500 this week, on the same lines advanced degree filings were down by 200 from 500 last week to 300 this week. As we speculated last week, the drastic drop in filings are tied to the Memorial day Holiday weekend. My speculation for next week is that we will see more movement and the volume of petitions must go up by 40% at least. We have to wait and see…check out the graphs below for data prediction !
Less number of jobs(54,000) were added in May, which is less than one fourth the number of jobs added in April, raising more concerns about the state of US economy. Consumers have cut back on discretionary spending, gas prices are soaring…Many are not sure if this slow down in economy is temporary or could last longer…In a survey done by Chicago Fed, the results indicate that US GDP growth will slow down this year from 2.8 % last year to 2.6% this year…but, in 2012 we may expect it to grow at 2.9%…we just have to wait and see… Some analysts expect to see more movement in later part of 2011….In any case, from H1B holders perspective, the quota is most likely to last much longer…you have ample time to look for a job…
What do you think of the drop in H1B cap numbers ?
Regular H1B cap Count 2012 Graph
Advanced Degree H1B cap count 2012 Graph
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