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  (Source: immigrationlawchronicles.com)
Large technology companies in particular like Microsoft and Autodesk are pushing Congress to up the number of H-1B visas available each year

The U.S. government announced this week that work permits in the H-1B visa program are almost entirely depleted for 2013.

According to the United States Immigration and Citizenship Services (USCIS), 55,600 standard H-1B visas have already been issued out of 65,000 for the next fiscal year. In addition, 18,700 H-1B visas for graduates of advanced degree programs were issued in the U.S. out of 20,000. These numbers were posted as of June 1, and USCIS started accepting applications on April 1.

This is a significant increase, considering it took until November to use up all of last year's work permits. It is believed that this is a sign of better economic times, and U.S. companies are pushing for an expansion of the H-1B program.

Large technology companies in particular like Microsoft and Autodesk are pushing Congress to up the number of H-1B visas available each year. This would allow them and other companies in the U.S. to import workers with skills in technology and finance.

According to a study from Partnership for A New American Economy, which is an industry lobby group, the U.S. will have a shortage of 224,000 tech workers by 2018 if more visas are not made available.

The 2013 fiscal year begins October 1, 2012.

Source: InformationWeek



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Cheap Labor!
By aspartame on 6/13/2012 7:45:32 AM , Rating: 2
One of my friends used to work in a medical company under H1B. He was by far the most skilled employee. Some Americans were even getting paid without doing any useful work. He actually quit the job after finding out he had the lowest salary in the entire company.




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