USCIS today released the latest cap count update and the H1B cap count as of July 23rd, 2010. Here is an update since previous cap numbers :
- New 700 Cap eligible H1B visa petitions were filed for Regular Quota.
- New 300 cap eligible H1B petitions for Advanced degree cap .
July 23rd , 2010 USCIS official Total H1B cap count update :
|Regular H1B Cap H1B filings||26,000 of total 65,000|
|Advanced degree cap filing count||11,300 of total 20,000|
|Total H1B visa petitions received||37,300 of total 85,000|
Analysis of H1B filings this week. Job Market in India vs USA
We are right around the same volume similar to that of last week, July 20th H1B visa cap count . The regular cap H1B visa petitions’ filing was up by 200 from 500 to 700 and the advanced degree filing was down by 100 from 400 to 300. In total, the filing was up by 100 from 900 to 1000 this week. The big news today is that new home sales jump from record low by 24% in June. Though, this is may not sound very significant, it just boosts the consumer confidence and may increase spending. There are so many economists that are give their version of story predicting the economy. Many fear a double dip recession as the job outlook does not look good. Most of them say, it is very hard to predict the future of economy. All we can hope is for the economy to recover steadily rather than just like a bubble and bursting again.
It is very interesting to compare this…whenever I talk to some of my friends back in India, they say job market is great in India and booming…Unlike, I talk to some of my friends here in market, they say it is ok and not that great…In fact, one of our blog readers, who have been following this blog since beginning, has left to India as he could not find a job in US for almost one year. I just talked to him. It is a very a tough call to take decision to go back, but the reality is you should keep yourself doing something otherwise it just makes you think too much. Anyways, he is happy to be back in his old job and he says IT job market in India is great.
Have you been looking for job in US for a long time ? What do you think of the Job Market here in US ? Do you have a story to share ?
Regular H1B 2011 cap count Trend Graph
Advanced Degree H1B Cap Prediction Graphs