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TechTarget reports that if eligible H-1B lottery applications continue to increase year-over-year, registrations could reach 1 million in 2024. The publication also writes that in years past, an employer sponsoring someone for an H-1B visa might have had a 30% to 50% chance of winning one of the 85,000 H-1B visas issued annually. But this year, chances dipped to 15% because of record H-1B visa registrations submitted.
Partner Andrew Greenfield explains that many companies were denied the opportunity to sponsor foreign workers due to the low selection rates.
Read more of Andrew's thoughts in the full article here: As H-1B visa registrations near 1M, odds of a visa decline.

