It is that time of year again. The H-1B cap for FY-2012 has been exhausted and on April 1, 2012, the USCIS will begin accepting petitions for cap-subject and Master-cap H-1Bs. The fiscal year for 2013 begins October 1, 2012, the earliest start date that may be requested for such cases. The USCIS will accept 65,000 cap-subject petitions plus an additional 20,000 petitions where the beneficiaries are graduates of US colleges or universities who have earned at least a Master degree.
This year our office has seen an increase in demand for new H-1Bs in contrast to the past couple of years. Although anecdotal, this trend suggests that numbers may not be available for as long as they were last year. The good news is that when we see demand for H-1Bs increase, it is usually a good barometer for how the country’s economy is doing as it means that employers are not only hiring, but are seeking some of the best and brightest foreign nationals as well.