Law360 (April 6, 2018, 7:14 PM EDT) -- U.S. Citizenship and Immigration Services on Friday announced that the congressionally mandated cap on the number of H-1B skilled worker visas had been reached for the next fiscal year, within five days after the agency began accepting applications.
The H-1B visa program allows American companies to hire skilled foreign workers in industries ranging from technology to medicine. But in recent years, demand for the visas has far outstripped supply, in part due to a low U.S. employment rate, making them increasingly difficult to obtain.
The program is subject to a 65,000 statutory cap that numerous companies have petitioned Congress to raise....
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