USCIS released updated H1B cap count numbers on May 10th, they updated cap count by considering all the petitions received until May 6th, 2011. Here are the numbers :
- New 1000 cap eligible petitions were filed for Regular quota
- New 700 cap eligible petitions were filed for MS/Advanced degree quota.
May 10th, H1B cap count updates by USCIS :
|Regular H1B Cap H1B filings||10,200 of total 65,000|
|Advanced degree cap filing count||7,300 of total 20,000|
|Total H1B visa petitions received||17,500 of total 85,000|
H1B Cap count Movement Analysis, prediction – US Economy News
Well, yet another week…no big changes in the cap count…the regular quota filings were down by about 200 petitions from 1200 last week to 100 this week, whereas the advanced quota filings remained constant at 700…If the pace of the H1B filings stays at this rate, we can expect the H1B visa 2012 cap to last beyond January, 2012…on the other hand, the advanced degree cap might be complete by early October, 2011…Review the below graphs with predictions…
If we look at US economy, nothing really new…as usual economists say that the economy recovery will be slow…Atlanta Federal reserve chief Lockhart reinforced the same that it would take about two to three years for employment to reach to pre-recession levels…It is not an optimistic sign for skilled labor like H1B visa holders…Also, experts have forecasted the same indicating unemployment may not go under 7% in the next two years…lets see what happens…
What are your thoughts on Economy ?
Regular H1B cap Count 2012 Graph
Advanced Degree H1B cap count 2012 Graph