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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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RE: Abuse
By Ringold on 6/14/2012 5:39:20 PM , Rating: 2
It's why when someone makes a post about powering something with solar panels, I can usually tell at a glance whether he's in the right ballpark or seriously off, before I do any exact calculations.

Yes! A thousand times yes. Back in college some times peers would think I was some sort of math savant, being able to glance at their work and point out the huge problems immediately. No, in fact I'm pretty bad and don't enjoy math at all, but I bothered to understand it, so it's not hard to have a feel for where an equation should be going or where a final answer should be before working out the math. That's, apparently, not an easy thing for kids to do any more, and I have to believe it seriously would crimp their productivity at any math or engineering related job, where they have more errors to go back and correct later because they're too ignorant to catch them on the fly versus better educated peers.

"What would I do? I'd shut it down and give the money back to the shareholders." -- Michael Dell, after being asked what to do with Apple Computer in 1997
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