USCIS updated the latest H1B cap count numbers yesterday. As of September 13th, 2010 the updated cap numbers since last week are:
- New 800 Cap eligible H1B visa petitions were filed for Regular Quota.
- New 300 cap eligible H1B petitions for Advanced degree cap.
September 13th, 2010 USCIS official Total H1B cap count update :
|Regular H1B Cap H1B filings||37,400 of total 65,000|
|Advanced degree cap filing count||13,700 of total 20,000|
|Total H1B visa petitions received||51,100 of total 85,000|
Analysis – H1B filings down by 1000, Consumer Spending Up
If we take a quick look at the H1B petitions filed, the regular quota numbers dropped significantly compared with last week filings, i.e. September 7th, 2010 H1B cap Count, The regular quota was down by 900 petitions from 1,700 last week to 800 this week…similarly, the advanced degree quota was also down slightly by 100. So, why drop in numbers ? if we look at the trend, we can see that the changes were only in the last 3 to 4 weeks because of the H1B fee increase, we are getting back to the normal trend of filing hovering around 1000 a week. My guess for this week would be, may be because of the long weekend holidays employers could not file as many…may be not, it is hard to say anything… From an economy perspective, today’s reports indicate that US retail sales numbers were up by 0.5%, which is nothing but consumer spending. This rise in consumer spending indicates that the economy is slowly picking up and may not end up in double dip recession…it was also supported by Warren Buffet saying that there will not be double dip recession, and they are hiring …analysts in the industry respect Buffet’s opinion…. Also, last week reports say, Jobless claims decreased by 27,000….anyways, what it means for H1B holders is, hopefully more jobs are created and more skilled workers are required to cater to the demand…..
What are your thoughts on economy?
Regular H1B 2011 cap count Trend Graph
Advanced Degree H1B Cap Prediction Graphs