For the first time, about 11,000 H-1B visas, the most sought after by Indian professionals for working in the US, has found no takers indicating a grim employment scenario in the country and the steep hike in the visa fee daunting the job-seekers.
Of the 65,000 mandated H-1B visa slots, about 11,000 remains unused for qualified applicants for the fiscal 2010-2011, says the latest figures released by the US Citizenship and Immigration Services (USCIS).
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The lure for jobs in U.S.A. has faded owing to several reasons. Now dollar is cheaper and earning in foreign currency is not so beneficial. There are better opportunities now in other places as well as in India.
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