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
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% |
- 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 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 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 |
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% |
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% |
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 |
What are your thoughts on the Q3 Data for FY 2023 ? Do you think the H1B Job Market will pick up anytime soon or it will take time? Share your inputs in comments.