The H-1B quota. "When will the quota close?" "How long do you think before the H-1B cap is reached?" These are the questions I've fielded for years while professional workers scrambled for jobs or while their employers are completing their forms. The USCIS has announced only receiving slightly more than 16,025 applications for the H-1B quota, which cannot exceed 65,000 approved H-1B petitions per year.
As for the US advanced degree H-1B quota, only 6,739 have been received by USCIS. There is a total of 20,000 additional H-1Bs allotted towards H-1B applicants who earned advanced degrees in the US.
The low rate of applications this year is clearly an indication of the poor job market but those who have specialized skills are still of benefit to US employers, who need more than ever, employees who can contribute their skills to build and create continued business in the US. Call Fong & Aquino if you are interested in the H-1B program. ---ecf