As of November 20, 2009, approximately 56,900 H-1B cap-subject petitions had been filed. The federally mandated cap for Fiscal YearCurrently, the twelve-month period beginning October 1 and ending September 30. Historically, until 1831 and from 1843-49, the twelve-month period ending September 30 of the respective year; from 1832-42 and 1850-67, ending December 31 of the respective year; from 1868-1976, ending June 30 of the respective year. The transition quarter (TQ) for 1976 covers the three-month period, July-September 1976. 2010 is 65,000. When taking into account that 6,800 H-1B numbers are reserved for nationals of Chile and Singapore, that means only 1300 H-1Bs are left. It is likely that the H-1B numbers will run out in a week.
We will keep you updated at www.bashyamspiro.com as additional information becomes available.