H1-B petitions drop

The numbers in the headline measures the # of H-1B petitions that were received before the USCIS decided to stop accepting more because they can meet the "mandated 65,000 visa H-1B cap" and "the 20,000 visa U.S. advanced degree exemption, also known as the master’s cap"[1]

Given that the agency "will reject and return filing fees for all unselected cap-subject petitions that are not duplicate filings", it would be desirable to limit the number of excess applications.

I am not sure that the data points in the article extrapolate to "A lot of people are looking at America, and (wondering) if it is still a place to make business."

[1] https://www.uscis.gov/news/news-releases/uscis-reaches-fy-20...