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2008 H-1B Visa Cap Reached in a day

 
Shipra Verma
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hot news accoring to various web sites like computerworld and information week

http://www.informationweek.com/news/showArticle.jhtml?articleID=198702246

On Monday, USCIS received 150,000 petitions for the 65,000 H-1B visas that will be issued for fiscal year 2008, starting October 1.

USCIS began accepting the petitions April 2 -- and although the 150,000 petitions received Monday (not to mention the tens-of-thousands still being counted today) are more than enough to fill the annual allotment, USCIS is mandated to accept the petitions for two days, says a USCIS spokeswoman.

USCIS will begin rejecting petitions for H-1B Wednesday, she says.


What do other ranchers think about it
 
Ram kovis
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why this madness?
some people are saying, the US job market is actualy slowing down a bit, compared to last year!!

Is US market really slowing down?
experienced ranchers can throw some light on this.
 
Mark Herschberg
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This is perfectly understanding. You have demand outpacing supply and a non-continuous market, i.e. everyone who has wanted to apply during the many past months queued up. It's no diferent than people lining up to buy a Wii and storesselling out within minutes.

As for the job market, from my perspective it just keeps getting stronger.

--Mark
 
Arjunkumar Shastry
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Rush for H1-B is because:
1)Big(Indian and American) companies who have set up here always want visa ready people.Any project requirement comes,send the people immediately.
2)Companies want to maintain the attrition rate.H1-B visa(long trip to US) is a good factor to create competition in employees.
 
vjy chin
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AS far as I know the market is good. But this is really really interesting. Is this some kind of a record?

Anyways I think many people also might miss out, if they thought they can file in 2nd week of April or so on.

Now, will they select the candidates by random, or by the first 65,000 applied.
 
Shipra Verma
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It will be done on a random basis. Many folks will have to wait for another year to apply. If the 20000 visa for master degree holder from US get exhausted many students visa holder will have to return to the home country.
 
Rambo Prasad
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Next year the madness could be much worse...It could even double to 300,000 on the 1st day itself...High time to think of other options like UK,Australia,Singapore etc....
 
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