USCIS updated H1B cap count numbers for the past two weeks yesterday. They updated count considering all the petitions received until June 13th, 2011. History of the Cap count Updates are tracked on our H1B Visa 2012 Cap Count Tracking page as well.
Here are the numbers since last update by USCIS:
- New 1,600 cap eligible petitions were filed for Regular quota
- New 900 cap eligible petitions were filed for MS/Advanced degree quota.
June 14th, H1B cap count updates by USCIS :
|Regular H1B Cap H1B filings||15,200 of total 65,000|
|Advanced degree cap filing count||10,200 of total 20,000|
|Total H1B visa petitions received||25,400 of total 85,000|
H1B petitions filed volume back to Normal – US economy – Inflation ?
A quick look at the numbers indicate that the volume of H1B petitions filed in both regular and advanced cap increased as we expected. ( To compare, check out the June 1st week H1B cap count update ) Regular quota filings were about 1600 for two weeks, which averages to 800 per week, similarly advanced degree quota filings were about 900, which averages to 450 per week. As we did not had an update for June 8th, we cannot really compare the movement. But, in general the volume increased and we are back to normal volume of petitions, which is in the range of 800 to 1000 for regular quota and about 500 for advanced degree cap count. The spike in then numbers can be attributed to the fact that employers ramped up the filings after the memorial day Holiday weekend. If you look at the graphs below, the predication remains unchanged, the trend is linear. Regular quota is most likely to last beyond February 2012, unlike advanced degree cap may exhaust by late September, 2011.
As we look at the US economy, Consumer prices climb up, May core Consumer Price Index(CPI) rises to the most in about 3 years…Also, the retail sales fell in may 2011 with slump in auto sales due to Japan earth quake…Good news is that the gas prices have gone down and consumers will increase their discretionary spending. Analysts predict that the drop in gas prices will help the slow recovery of US economy. President Obama’s Job council suggested few recommendations for increasing jobs, after the weak jobs report of May. One of them is to create training programs with local community colleges for prepping students for jobs…Not sure how many of these will work. We will have to wait and see. In my view, H1B visa job prospects may not be directly hampered by these programs…but we may expect a slight impact if this comes into effect. Lets wait and see.
What are your thoughts on economy and H1B cap count updates ?
Regular H1B cap Count 2012 Graph
Advanced Degree H1B cap count 2012 Graph