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H1-B: Hot No More

20,000 H-1B visas remain unclaimed this year.

By LIFS May 5, 2009 at 12:12 AM
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Three weeks into the new season, the U.S. Citizenship and Immigration Service has received applications for just two thirds of its available H-1B slots.

 
In a sign of how the tech sector is reeling under the economic meltdown, the agency reported on April 20 that it received just 44,000 applications for the 65,000 allocated visas. In recent years, the full quota has been exhausted on the first day itself and at the height of the dotcom boom, Congress had tripled the H-1 visas to 195,000. 

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Business | Magazine | May 2009

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