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June 12, 2012 01:05 pm

2013 H-1B Visa Supply Nearly Exhausted

CowboyRobot writes with news on the FY2013 allocation of H-1B visas. From the article: "As of June 1, the government had issued 55,600 standard H-1B visas out of the annual allotment of 65,000, according to United States Immigration and Citizenship Services (USCIS). The feds also issued 18,700 H-1B visas reserved for graduates of advanced degree programs in the U.S., out of 20,000. " CowboyRobot continues, "Last year work visas did not run out until late November, but this year the pool of visas is almost entirely claimed and it's still only June. One interpretation of this is that the tech industry is hiring much more actively than it was a year ago. Some companies, such as Microsoft, have been lobbying to increase the number of available visas (currently limited to 65,000) while others argue that offering visas to foreign workers reduces job prospects for Americans."A bit more from the article: "Industry lobby group Partnership for A New American Economy last month released a study that claims the U.S. will face a shortage of 224,000 tech workers by 2018 unless immigration rules are loosened."

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