Looking at the numbers going back to 2007, it was clear that H-1B usage was WAY down, and we estimated - based on usage for the first two weeks - H visas would be available until March 2012.
Well, things picked up quite a bit! The FY 2012 H-1B Cap was reached on November 22, 2011, approximately seven months after it opened.
While this year’s demand was nowhere near the level in 2007 or 2008 - when the demand for H-1Bs was more than twice the supply and getting an H-1B meant that had win a lottery - this year we ran out of H-1Bs three months earlier than last year.
In my world, increased H-1B visa usage is the best indicator of an economy moving in the right direction.
After the break, please find a comparative analysis of H-1B visa usage from FY2008 to FY2011.
2011 H-1B Season [FY2012]
Cap Subject H-1Bs filed during first two weeks of April: 7,100
Cap Hit: November 22, 2011 [seven months later]
2010 H-1B Season [FY2011]
Cap Subject H-1Bs filed during first week of April: 13,500
Cap Hit: January 27, 2011 [ten months later]
2009 H-1B Season [FY2010]
Cap Subject H-1Bs filed during first week of April: 42,000
Cap Hit: December 21, 2009 [nine months later]
2008 H-1B Season [FY2009]
Cap Subject H-1Bs filed during first week of April: 140,000
Cap Hit: Immediately! First days of April 2008
2007 H-1B Season [FY2008]
Cap Subject H-1Bs filed during first week of April: 123,000
Cap Hit: Immediately! First days of April 2007
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