USCIS updated the H1B cap count numbers this morning… As of Octobers 15th, 2010 the updated H1B petition filing numbers since last week are:
- New 900 Cap eligible H1B visa petitions were filed under regular Quota.
- New 300 cap eligible H1B petitions under Advanced degree cap.
October 15th, 2010 USCIS official H1B cap count update :
|Regular H1B Cap H1B filings||42,800 of total 65,000|
|Advanced degree cap filing count||15,700 of total 20,000|
|Total H1B visa petitions received||58,500 of total 85,000|
Analysis of Economy and H1B filings
Well, it is very interesting to see the numbers this week. We had exactly same filing count numbers exactly one month ago i.e. Sep 21st, H1B cap count 2010 update, we had the same regular cap number and same advanced degree cap numbers…Why do you think so ? Anyways, if we compare with last week, i.e. Oct 12th H1B cap count update, the numbers are down… regular H1B cap count was down by 400 from 1,300 to 900 and Advanced degree cap was down by 200 from 500 to 300. Overall, the numbers are down by 600. No crazy news in terms of economy or immigration.
Few weeks ago USCIS said in a call with AILA that they are focusing on getting the H1B petitions processed quicker as they have a lot of backlog with petitions from April first week yet to be processed … Coming back to economy, the housing starts hit a five month high, it is not a big news…but something to consider… There are quite a few stats that are discussed by economists every day…nothing great or very encouraging…Fed and economists are worried about very low inflation in US in the last one year…The irony is, in country like India economists are worried about very high inflation….just opposite of what is happening in America, I tried to explain this in an article Inflation USA vs. India for settling in US or India…Anyways, folks nothing exciting to report. The Low H1B filings are good for H4 visa holders and recent graduates who are still looking for a job and get sponsorship. It is a very tough job market…at least, the low filings stretches the deadline and gives some extra time… Good Luck!
What do you all think about economy? Any interesting news to share ?
Regular H1B cap Count 2011 Trend Graph
Advanced Degree H1B cap count 2011 Graph and Trend
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