Monday, October 17, 2011
H-1B USAGE TRACKING CLOSELY WITH LAST YEAR
If H-1B usage is a barometer of what is happening in the overall job market, the US economy is largely in the same place as last year. The latest data shows 41,000 H-1Bs have been used against the cap of 65,000 after just over six months of filing. Last year we were at 41,900 at about the same time. That is still very light usage compared to prior years. So, U.S. companies are still very slow in hiring workers, including foreign-nationals.
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