Low Demand for Jobs = Higher Chance for H-1B Applicants
CNNfn.com has an interesting article on the H-1B visas demand for this April’s H-1B quota. The article cites the weak economy, the H-1B restrictions imposed recently on TARP recipients and the bankruptcy of Satyam Computer Services (which filed ~2,000 H-1Bs in 2008) as one of the reasons that the H-1B demand will be weakest in years. The article suggests that it may take several weeks to fill the entire H-1B quota this April (as opposed to a few days over the past years).
We do not have good estimates that the H-1B demand will be less than the 65,000 (plus additional 20,000) and as a result there will not be a lottery to distribute the available visa. However, we do agree wholeheartedly with the article that the H-1B demand this April is likely to be the weakest it has been in many years.
