23% Decline in H1B Jobs – Is the American Dream Over for H1B Job Seekers? 2023 Data Tells All!

#departmetnoflabor #fy2024 #h1bvisa #jobdecline #h1bjobs

Today, we have some concerning insights to share regarding the latest data from the U.S. Department of Labor for the first quarter of Fiscal Year 2024.
According to the latest data, there has been a significant decline in H1B job opportunities, with a staggering 23% decrease since 2022.
Let’s dive into the specifics of the Q1 FY 2024 data to understand the implications.
In the first quarter of Fiscal Year 2024, a total of 85,882 H1B LCAs were filed, marking a significant drop of 23% compared to 2022.
This decline indicates that the demand for high-skilled workers has not increased over the past two years, posing challenges for H1B visa holders.
Let’s take a closer look at the top employers, job titles, and cities for the first quarter of Fiscal Year 2024.
It’s evident that companies like Amazon, Google, and Microsoft continue to dominate the H1B job market.
Additionally, states like California, Texas, and Washington remain the top destinations for H1B employment.
While there has been a slight increase in PERM Labor Certifications filed, it’s clear that the job market for H1B visa holders is facing challenges.
We’ll continue to monitor the situation closely and provide updates as they become available. Thank you for joining me today on Immigration & Jobs Talks Show. Until next time, stay informed and stay empowered.

#departmetnoflabor #fy2024 #h1bvisa #jobdecline #h1bjobs
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