USCIS released its weekly update of H1B cap count numbers for fiscal year 2013 earlier today. The cap count update includes H1B petitions received until Friday, April 27th, 2012. Below is the summary of the update:
- 4,200 new H1B petitions were filed under Regular quota
- 1,400 new H1B petitions were filed under Masters degree quota
H1B Visa 2013 cap count updates by USCIS on April 30th, 2012:
|H1B Petition Filings||Total Cap||Current Cap count|
|Advanced degree Quota|
|Remaining H1B Cap||43,500|
Data Analysis – High Volume filings, Prediction – July 12th ?
Did you realize it has been a month since USCIS started to accept H1B Petitions for FY 2013 ? It has been a great run so far with high volume of H1B petitions filings every week. As we look at the numbers of this week, we had pretty much same volume of filings as last week April 23rd, 2012 H1B 2013 update. Just slight shift in numbers. Regular quota H1B filings decreased by 200 from 4,400 last week to 4,200 this week…unlike, Masters degree H1B quota filings increased by 200 from 1,200 last week to 1,400 this week. Overall, the volume of filings stayed same at 5,600. Last year for H1B FY 2012, April 29th filings, we had only 1,900 petitions filed. Compared to last year, the filings tripled ( increased by 300% ), that’s a big spike ! More demand right ?
As we analyze the data, by linear regression, we can predict that regular H1B quota might be exhausted by July 12th, 2012 and Masters degree H1B quota by June 25th, 2012. That’s a great sign indicating the high demand for highly skilled workers in America. Students who are at the end of OPT and who are graduating this spring should plan to file the H1B petitions at the earliest as you may be running out of time….
Looking at US economy, the Jobless claims remain very high, just like past 3 weeks…Some Economists feel that the recovery has lost its momentum…On the same lines US small business have reduced hiring in April…The American economy is recovering at a slow pace….US labor department will release the monthly jobless claims report in May 1st week, lets hope it is not too bad…Coming to H1B visa workers demand, despite the sluggish recovery, it has been a great year so far, the volume of H1B filings every week are up by 300%…it clearly indicates that there is great demand for highly skilled workers….Lets hope it will stay up like this…If you are seeking H1B sponsorship, it is high time for you to start pushing as the H1B fy 2013 cap might exhaust in under 3 months….
What are your thoughts on the demand for H1B workers in America ?