Just now, USCIS released updated H1B cap count numbers, they updated cap count by considering all the petitions received until May 26th, 2011. Updates are tracked on our H1B Visa 2012 Cap Count Tracking page as well.
Here are the numbers :
- New 800 cap eligible petitions were filed for Regular quota
- New 500 cap eligible petitions were filed for MS/Advanced degree quota.
May 26th, H1B cap count updates by USCIS :
|Regular H1B Cap H1B filings||13,100 of total 65,000|
|Advanced degree cap filing count||9,000 of total 20,000|
|Total H1B visa petitions received||22,100 of total 85,000|
H1B Cap count Movement Analysis, US Economy – Bad shape ?
Well folks, hope you all had a great long weekend…there is some movement in H1B numbers this week in comparison with previous week, i.e. May 23, H1B 2012 cap update…If we do the numbers game, regular quota filings were down by about 300 from 1,100 last week to 800 this week…similarly, advanced degree quota filings were down by about 100 from 600 last week to 500 this week. The first thing that comes to my mind for the drop in H1B filings is that it was long weekend. Attorneys/HR people may have taken extra vacation and pushed the filings for next week. Due to long weekend break, it is very likely that the H1B filings count would go up next week…the prediction dates did not change much, you can view the below graphs…
As we look at US economy, based on housing report released today, few analysts predict a double dip recession looking at the fall in US home prices. March is the eighth straight month with decline in housing prices…Adding to this, conference board updated consumer confidence index for May, which is down by 5.2 points from previous month to 60.8. In fact, this is the lowest in the last 6 months. Overall, the outlook of US economy does not look great from consumer perspective, including the jobs. What it means to H1B holders is that there may not be any surprises in H1B filings, the quota will last longer ….
what are your thoughts on US economy ? H1B predictions ?
Regular H1B cap Count 2012 Graph
Advanced Degree H1B cap count 2012 Graph