On April 28, 2023, USCIS announced the data for this year's
H-1B registration process, including Total Registrations, Eligible
Registrations for Beneficiaries with Multiple Eligible
Registrations, Selections, among other metrics. In total, USCIS
reported 780,884 registrations, which is up 61% from last
year's 483,927. As reported by Forbes, "USCIS
selected only 14.6% of eligible H-1B registrations for FY 2024,
based on a National Foundation for American Policy analysis of
government data. That compares to 26.9% for FY 2023 and 43.8% for
FY 2022. For FY 2021, nearly half, or 46.1%, were selected in the
H-1B lottery process."
This is a dramatic shift, in only 4 years the number of registrants
selected as a percentage is a less than a third of what it was just
four years ago. This poor outcome is a direct result of increased
use of the H-1B lottery, and the smaller number of selections made
thus far this year.