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:: Career News |
In a gloomy economy there is
a Bright Future for H1B visa seekers
From H1Base.com
* obtaining an H1B visa comes down to 'Market Equilibrium' - keep reading below
for details.....
The last 2 years H1B visa quotas both resulted in record breaking demand.
» There were double the number of applications than there were available visas.
» This resulted in ALL the visas being applied for within 1 day of filing
opening.
» This resulted in a painstaking and frustrating lottery based selection system.
This year, the demand is lower and the market slower, but it’s still very
steady.
* in relative terms this is GOOD news if you’re a foreign national who wants an
H1B.
» there is now Less competition from other H1B job seekers (increases your
chances).
» the number of applications V's available visa will be lower (increases your
chances).
» the quota (cap) will Not be reached on day 1 (increases your chances).
» there will Not be a lottery based selection system (increases your chances).
This year we are experiencing 'H1B Market Equilibrium'
'The state in which market supply and demand balance each other'
* If you want an H1B work visa, this is great news !
People who positively and proactively move forward and find their H1B job and
sponsorship position - are now almost assured an H1B visa (supply = demand this
year).
One thing every industry expert agrees on is – every available H1B visa will get
taken next year but the cap 'might' take longer to be reached.
What this means is: - for those fortunate people who can afford to invest in
their futures now – and are prepared to be proactive and conduct a focused and
targeted search -- the 'end result' is looking much better and much brighter
than the last few years.
Recruitment is still taking place by US sponsors. H1B Jobs are available Now.
The current available and open “H1B” job count is 4,993 (October 23, 2008)
Positive and proactive people who plan ahead and start now – have the best
opportunity to successfully obtain an H1B visa and start a new and exciting life
in the United States of America.
Source:
http://www.h1base.com/visa/work/Oct%202008%20US%20employers%20need%20Foreign%20workers/ref/1214/
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