H1B Visa Jobs Market is not doing well

[Aquaman]

H1B Visa Jobs Market is not doing well based on data. Last quarter there was a 40% drop in H1B LCA filings. Check out full analysis based on H1B, Green Card Data released by US Dept of Labor as of Q3, FY 2023

https://h1bgrader.com/blog/less-h1b-jobs-40-drop-in-h1b-lca-filings-in-q3-fy-2023/

 

 

Less H1B Jobs: 40% drop in H1B LCA filings in Q3 FY 2023

Published : October 5, 2023 | by H1BGrader Editorial Team | Leave a comment

The overall US Job market is doing great, but the Job market for H1B visa holders is not that great. The H1B LCA data for Q3, FY 2023 indicates the same. Also, we had a second-round H1B Lottery for FY 2024 as many employers did not file H1B for the applicants. All of these show weak demand for H1B workers.

Coming to data update, US Department of Labor recently released H1B LCA and Green Card PERM Data for FY 2023 Q3 data. We have loaded that data to H1BGrader.com for you to review. In this article, we will cover all the insights from the FY 2023 Q3 data like top employers, job titles, top states, etc.

Article Contents

• H1B Jobs Reducing: 180K H1B LCAs filed in Q3 FY 2023, 40% Decline
• Top 20 H1B Employers, Job Titles, Cities as of Q3, FY 2023
• Top 10 States of H1B Employment
• 38K PERM Labor Certs filed in Q3 FY 2023, 4.9% Increase in Applications
• Top Green Card Sponsors (PERM) until Q3 FY 2023

H1B Jobs Reducing: 180K H1B LCAs filed in Q3 FY 2023, 40% Decline

The H1B LCA data is an indicator of how many employers are actively hiring H1B holders. If we look at the H1B LCA data for Q3 FY 2023 and compare it with Q3 data of FY 2022, we see a significant drop in the filings of LCAs. Last year for FY 2022, Q3 there were about 300,000 LCAs filed and now for FY 2022, Q3, we see only 180,533. It is close to 40% decline in the H1B LCAs filing.

Also, if we look at the overall trend of H1Bs for FY 2023, there is a decline of about 29% compared to last year. It is not just about this quarter’s data, but the downward trend in H1B LCAs for FY 2023 indicates that the job market could be better for H1B workers.

Below are the total counts of LCAs (includes H1B, H1B1 & E3) that were filed with DOL so far this fiscal year(FY) 2023.

Total FY 2023	Q1 (Oct-Dec)	Q2 (Jan-Mar)	Q3 (Apr-Jun)	Q4 (Jul-Sept)	% Change FY 2022
402,445	88,767	133,145	180,533	Not Released	-29.1%

LCA filings with DOL for FY 2023

• Our H1BGrader Database is now updated with H1B LCAs data that was filed anytime between October 1st, 2022, and June 30th, 2023 i.e Q3 of Fiscal Year 2023.
• If your employer has shared any of the details, you can verify the same using H1B LCA Search

Note: The Data Refresh is only for Q3 2023 from the US Dept of Labor related H1B LCAs and PERM Labor Certs. USCIS does not release quarterly data anymore, they only release data once a year. You can read our Data Refresh Status to learn more

Top 20 H1B Employers, Job Titles, Cities as of Q3, FY 2023

Below are the top 20 employers for FY 2023 as of Q3.

Top H1B Sponsors (FY 2023 Q3)
Amazon.com Services LLC 10,470
Cognizant Technology Solutions US Corp 9,784
Ernst & Young US LLP 9,525
Google LLC 8,294
Tata Consultancy Services Limited 7,055
Microsoft Corporation 5,794
Infosys Limited 5,772
Intel Corporation 3,199
Apple INC 3,132
Amazon Web Services INC 2,993
Meta Platforms INC 2,861
Qualcomm Technologies INC 2,808
Jpmorgan Chase & CO 2,773
Capgemini America INC 2,749
HCL America INC 2,735
Accenture LLP 2,377
Wal Mart Associates INC 2,311
Deloitte Consulting LLP 2,288
Wipro Limited 1,961
IBM Corporation 1,736

Top H1B Sponsors as of Q3 for FY 2023

---

Top H1B Job Titles (FY 2023 Q3)
Software Engineer 27,619
Software Developer 19,686
Senior Software Engineer 6,335
Assistant Professor 4,549
Manager JC 3,681
Architect 2,813
Accountants and Auditors Kbgfjg 2,756
Data Engineer 2,538
Software Development Engineer I 2,442
Analyst 2,389
Associate 2,230
Software Development Engineer II 2,139
Data Scientist 1,991
Java Developer 1,655
Senior Systems Analyst JC 1,635
Business Analyst 1,560
Developer 1,543
Project Manager 1,445
Technology Lead US 1,434
SR Software Engineer 1,410

Top H1B Job Titles as of Q3 for FY 2023

---

Top H1B Cities (FY 2023 Q3)
New York, NY 21,592
Seattle, WA 10,113
San Francisco, CA 9,316
Austin, TX 8,768
San Jose, CA 7,715
Sunnyvale, CA 7,416
Irving, TX 7,381
Chicago, IL 7,344
Atlanta, GA 6,553
Dallas, TX 6,383
Houston, TX 6,338
Plano, TX 5,974
Redmond, WA 5,336
Boston, MA 5,286
Charlotte, NC 5,199
Mountain View, CA 5,161
San Diego, CA 4,790
Bellevue, WA 4,519
Santa Clara, CA 4,457
Alpharetta, GA 3,680

Top H1B Job Cities as of Q3 for FY 2023

It is always good to know what are the jobs that are trending and what are states that are having more opportunities for H1B holders. Below is the same data

Top 10 States of H1B Employment

US State Name	Total H1B LCAs	Percentage of H1B Jobs
California	217,745	29.4%
Texas	92,091	12.4%
Washington	85,734	11.6%
New York	48,815	6.6%
Illinois	28,449	3.8%
New Jersey	26,918	3.6%
Massachusetts	23,945	3.2%
North Carolina	22,198	3.0%
Virginia	19,855	2.7%
Georgia	18,897	2.5%

Top 10 States of H1B Jobs Employment

---

38K PERM Labor Certs filed in Q3 FY 2023, 4.9% Increase in Applications

If we look at the Green Card related PERM Labor Certification filings, they were 36,592 in Q2 2022. If we compare the same for Q3, FY 2023, they stand at 38,381 and are up by a meager 4.9%. If we look at the average increase, it has also come down to 10.6% increase. Same time last year it was about 20.7% increase in the PERM filings.

One of the things that is interesting is, while the H1B jobs trend is downward trending, the minor uptick in PERM filings indicates that companies are likely out of the layoffs mode and now sponsoring PERMs for their existing employees. They are likely retaining existing H1B workers and filing Green Cards for them. Just that they are not hiring more H1B workers.

It will be interesting to see how the next few quarters will shape up for PERM filings. Below are the total Labor Certifications filed in the DOL PERM Program for Green Card processing until Q3 FY 2023.

FY 2023	Q1 (Oct-Dec)	Q2 (Jan-Mar)	Q3 (Apr-Jun)	Q4 (Jul-Sept)	% Change FY 2022
112,986	40,826	33,749	38,381	Not Released	10.6%

FY 2023 PERM Labor Certification filings

 

Top Green Card Sponsors (PERM) until Q3 FY 2023

Below are the top Green Card employers after data refresh for the fiscal year 2023, Q3

Top Green Card PERM Companies (FY 2023 Q3)
Google LLC 3,604
Amazon.com Services LLC 3,311
Microsoft Corporation 2,002
Intel Corporation 1,883
Facebook INC 1,361
Apple INC 986
Tata Consultancy Services Limited 911
Cognizant Technology Solutions US Corporation 733
Wayne Farms LLC 726
Amazon Web Services INC 584
Oracle America INC 560
Deloitte Consulting LLP 521
Ernst Young US LLP 478
Infosys LTD 440
JP Morgan Chase CO 432
Walmart Associates INC 417
FPL Food LLC 407
Wipro Limited 401
Capgemini America INC 396
Amazon Development Center US INC 386

Top Green Card PERM Companies (FY 2023 Q3)

 

[chammakchandra]

43 minutes ago, Aquaman said:

H1B Visa Jobs Market is not doing well based on data. Last quarter there was a 40% drop in H1B LCA filings. Check out full analysis based on H1B, Green Card Data released by US Dept of Labor as of Q3, FY 2023

https://h1bgrader.com/blog/less-h1b-jobs-40-drop-in-h1b-lca-filings-in-q3-fy-2023/

 

 

Less H1B Jobs: 40% drop in H1B LCA filings in Q3 FY 2023

Published : October 5, 2023 | by H1BGrader Editorial Team | Leave a comment

The overall US Job market is doing great, but the Job market for H1B visa holders is not that great. The H1B LCA data for Q3, FY 2023 indicates the same. Also, we had a second-round H1B Lottery for FY 2024 as many employers did not file H1B for the applicants. All of these show weak demand for H1B workers.

Coming to data update, US Department of Labor recently released H1B LCA and Green Card PERM Data for FY 2023 Q3 data. We have loaded that data to H1BGrader.com for you to review. In this article, we will cover all the insights from the FY 2023 Q3 data like top employers, job titles, top states, etc.

Article Contents

• H1B Jobs Reducing: 180K H1B LCAs filed in Q3 FY 2023, 40% Decline
• Top 20 H1B Employers, Job Titles, Cities as of Q3, FY 2023
• Top 10 States of H1B Employment
• 38K PERM Labor Certs filed in Q3 FY 2023, 4.9% Increase in Applications
• Top Green Card Sponsors (PERM) until Q3 FY 2023

H1B Jobs Reducing: 180K H1B LCAs filed in Q3 FY 2023, 40% Decline

The H1B LCA data is an indicator of how many employers are actively hiring H1B holders. If we look at the H1B LCA data for Q3 FY 2023 and compare it with Q3 data of FY 2022, we see a significant drop in the filings of LCAs. Last year for FY 2022, Q3 there were about 300,000 LCAs filed and now for FY 2022, Q3, we see only 180,533. It is close to 40% decline in the H1B LCAs filing.

Also, if we look at the overall trend of H1Bs for FY 2023, there is a decline of about 29% compared to last year. It is not just about this quarter’s data, but the downward trend in H1B LCAs for FY 2023 indicates that the job market could be better for H1B workers.

Below are the total counts of LCAs (includes H1B, H1B1 & E3) that were filed with DOL so far this fiscal year(FY) 2023.

Total FY 2023	Q1 (Oct-Dec)	Q2 (Jan-Mar)	Q3 (Apr-Jun)	Q4 (Jul-Sept)	% Change FY 2022
402,445	88,767	133,145	180,533	Not Released	-29.1%

LCA filings with DOL for FY 2023

• Our H1BGrader Database is now updated with H1B LCAs data that was filed anytime between October 1st, 2022, and June 30th, 2023 i.e Q3 of Fiscal Year 2023.
• If your employer has shared any of the details, you can verify the same using H1B LCA Search

Note: The Data Refresh is only for Q3 2023 from the US Dept of Labor related H1B LCAs and PERM Labor Certs. USCIS does not release quarterly data anymore, they only release data once a year. You can read our Data Refresh Status to learn more

Top 20 H1B Employers, Job Titles, Cities as of Q3, FY 2023

Below are the top 20 employers for FY 2023 as of Q3.

Top H1B Sponsors (FY 2023 Q3)
Amazon.com Services LLC 10,470
Cognizant Technology Solutions US Corp 9,784
Ernst & Young US LLP 9,525
Google LLC 8,294
Tata Consultancy Services Limited 7,055
Microsoft Corporation 5,794
Infosys Limited 5,772
Intel Corporation 3,199
Apple INC 3,132
Amazon Web Services INC 2,993
Meta Platforms INC 2,861
Qualcomm Technologies INC 2,808
Jpmorgan Chase & CO 2,773
Capgemini America INC 2,749
HCL America INC 2,735
Accenture LLP 2,377
Wal Mart Associates INC 2,311
Deloitte Consulting LLP 2,288
Wipro Limited 1,961
IBM Corporation 1,736

Top H1B Sponsors as of Q3 for FY 2023

---

Top H1B Job Titles (FY 2023 Q3)
Software Engineer 27,619
Software Developer 19,686
Senior Software Engineer 6,335
Assistant Professor 4,549
Manager JC 3,681
Architect 2,813
Accountants and Auditors Kbgfjg 2,756
Data Engineer 2,538
Software Development Engineer I 2,442
Analyst 2,389
Associate 2,230
Software Development Engineer II 2,139
Data Scientist 1,991
Java Developer 1,655
Senior Systems Analyst JC 1,635
Business Analyst 1,560
Developer 1,543
Project Manager 1,445
Technology Lead US 1,434
SR Software Engineer 1,410

Top H1B Job Titles as of Q3 for FY 2023

---

Top H1B Cities (FY 2023 Q3)
New York, NY 21,592
Seattle, WA 10,113
San Francisco, CA 9,316
Austin, TX 8,768
San Jose, CA 7,715
Sunnyvale, CA 7,416
Irving, TX 7,381
Chicago, IL 7,344
Atlanta, GA 6,553
Dallas, TX 6,383
Houston, TX 6,338
Plano, TX 5,974
Redmond, WA 5,336
Boston, MA 5,286
Charlotte, NC 5,199
Mountain View, CA 5,161
San Diego, CA 4,790
Bellevue, WA 4,519
Santa Clara, CA 4,457
Alpharetta, GA 3,680

Top H1B Job Cities as of Q3 for FY 2023

It is always good to know what are the jobs that are trending and what are states that are having more opportunities for H1B holders. Below is the same data

Top 10 States of H1B Employment

US State Name	Total H1B LCAs	Percentage of H1B Jobs
California	217,745	29.4%
Texas	92,091	12.4%
Washington	85,734	11.6%
New York	48,815	6.6%
Illinois	28,449	3.8%
New Jersey	26,918	3.6%
Massachusetts	23,945	3.2%
North Carolina	22,198	3.0%
Virginia	19,855	2.7%
Georgia	18,897	2.5%

Top 10 States of H1B Jobs Employment

---

38K PERM Labor Certs filed in Q3 FY 2023, 4.9% Increase in Applications

If we look at the Green Card related PERM Labor Certification filings, they were 36,592 in Q2 2022. If we compare the same for Q3, FY 2023, they stand at 38,381 and are up by a meager 4.9%. If we look at the average increase, it has also come down to 10.6% increase. Same time last year it was about 20.7% increase in the PERM filings.

One of the things that is interesting is, while the H1B jobs trend is downward trending, the minor uptick in PERM filings indicates that companies are likely out of the layoffs mode and now sponsoring PERMs for their existing employees. They are likely retaining existing H1B workers and filing Green Cards for them. Just that they are not hiring more H1B workers.

It will be interesting to see how the next few quarters will shape up for PERM filings. Below are the total Labor Certifications filed in the DOL PERM Program for Green Card processing until Q3 FY 2023.

FY 2023	Q1 (Oct-Dec)	Q2 (Jan-Mar)	Q3 (Apr-Jun)	Q4 (Jul-Sept)	% Change FY 2022
112,986	40,826	33,749	38,381	Not Released	10.6%

FY 2023 PERM Labor Certification filings

 

Top Green Card Sponsors (PERM) until Q3 FY 2023

Below are the top Green Card employers after data refresh for the fiscal year 2023, Q3

Top Green Card PERM Companies (FY 2023 Q3)
Google LLC 3,604
Amazon.com Services LLC 3,311
Microsoft Corporation 2,002
Intel Corporation 1,883
Facebook INC 1,361
Apple INC 986
Tata Consultancy Services Limited 911
Cognizant Technology Solutions US Corporation 733
Wayne Farms LLC 726
Amazon Web Services INC 584
Oracle America INC 560
Deloitte Consulting LLP 521
Ernst Young US LLP 478
Infosys LTD 440
JP Morgan Chase CO 432
Walmart Associates INC 417
FPL Food LLC 407
Wipro Limited 401
Capgemini America INC 396
Amazon Development Center US INC 386

Top Green Card PERM Companies (FY 2023 Q3)

 

How will they do good? For everyone h1 now they have their own competitor h4ead .. so 1h=2jobs gone. 

[csrcsr]

Just now, chammakchandra said:

How will they do good? For everyone h1 now they have their own competitor h4ead .. so 1h=2jobs gone. 

All h4s don't do IT job kada anna

[chammakchandra]

1 hour ago, csrcsr said:

All h4s don't do IT job kada anna

80-90% bayya ..market is flooded with them mostly husbands putting them into same company some how