USICS released H1B visa cap count updates earlier today i.e April 18th, 2011. They counted all the petitions received until April 15th, 2011. Here are the numbers :
- New 1,200 cap eligible petitions were filed for Regular quota
- New 600 cap eligible petitions were filed for Advanced degree quota.
April 18th H1B cap count updates by USCIS :
|Regular H1B Cap H1B filings||7,100 of total 65,000|
|Advanced degree cap filing count||5,100 of total 20,000|
|Total H1B visa petitions received||12,200 of total 85,000|
Whats the trend of H1B Visa Filings 2012 ? Prediction ?
As we look at the movement in the H1B filings from below graphs, no big surprises…the trend we see this week is just like last year average…As we have two data points, I tried to do simple prediction based on two points, which in most cases will not be right…just for the sake of comparison, if the pace of the H1B filings goes like this week, the regular H1B quota will last even after February 2012…But, the advanced degree cap may be just about like last year, which is around December 2011. In my view, the prediction is wrong due to less data to predict and not considering macro economic factors…From economy perspective, it is mixed news…there was rise in people seeking unemployment benefits, it crossed 400,000 for the first time in a month. But economists predict that it will be back to normal and people seeking benefits will go down…Whats in it for H1Bs ? Well, the more jobs, the more need for skilled labor, which is H1Bs…
What are your thoughts on economy ? Any random predictions ?