WASHINGTON, DC – Today, the United States reached its annual visa cap on petitions for high-skilled workers, just five days after the H-1B visa application window opened on April 7, 2017. There are 65,000 available visas in fiscal year 2018, and another 20,000 for applicants who hold advanced degrees. The arbitrary visa cap hurts U.S. economic growth and job creation for American workers.
FWD.us President Todd Schulte released the following statement:
“For the fifth consecutive year, the H-1B visa application window closed in just five days, showing that demand for talented high-skilled workers continues to dramatically outpace supply. The arbitrary cap means that talented individuals who would otherwise be helping to grow our economy are kept out of our country – and that the U.S. loses out on the creation of American jobs, rising wages, and economic growth. Each year, only around 30% of all applicants “win” the H-1B lottery, keeping thousands of the best and brightest high skilled immigrants from around the world out of our U.S. workforce. FWD.us continues to call on Congress to reform the H-1B visa to crack down on bad actors and to lift the arbitrary visa cap that is stifling wage and job growth for U.S. citizens.”