Friends here are the trends from Trackitt for the first quarter.
Before this let’s assume how last year’s SOFAd of 30K was derived a) Eb1 – 12K (based on CO’s announcement, really after May EB1 hardly generated any SOFAD based on a subsequent announcement in the next VB’s) b) EB2 I/C Regular Cap 5.5K c) EB5 – 7k d) EB2 RoW – 5.5K.
2012 :: EB2 ROW (Primary Only) 2012 - 84
2011 :: EB2 ROW (Primary Only) 2011 - 116
Important to note that for this year 46 of the approvals came in December itself. This seems to indicate that when FY 2012 started that ROW approvable cases were less indicating thereby that a very clean job was done to approve most of them in Aug & Sep 2011 when EB2 I/C kind of stagnated. ROW approvals last year peaked up in later months. If we use the current trend literally let’s see how much SOFAD we may get from EB2 ROW. 40K – 5.5K (Regular Cap) – ( 84/116) * (40-5.5-5.5) = 34.5 - 21 = 13.5K. This would be around 8K more than last year. It is quite critical that ROW usage does not flare up in continuance of this month’s trend. Realistically ROW might just offer 4K extra SOFAD this year compared to last year. This assumption maybe classified as realistic to conservative.
2012 :: EB1-A – 16, EB1B – 31, EB1C – 74 Total - 121
2011 :: EB1-A – 13, Eb1-B – 16, EB1-C – 18, Total - 47
The EB1 Approvals on Trackitt seem to be completely overshadowed by EB1C. The Trackitt data maybe skewed because 63 of the 74 cases are from India. However the higher figures are quite consistent with the extraordinary rate of clearance of I140's from May to Sep 2011 -
http://dashboard.uscis.gov/index.cfm...91&charttype=1.
Even though the number of EB1 B cases is small the number it id double of the previous year’s figures, this may indicate that finally the applications are coming out of the backlog related to the interpretation of the Kazarian Memo.
The Trackitt trend of 3 fold cannot be believed quite literally. However assuming that last year Eb1 provided 12K SOFAD so last years consumption was 28K, so in theory even a 50% acceleration can quite literally clean up all EB1 SOFAD. At the current stage I believe that assuming that EB1 will provide No SOFAD this year may be quite reasonable we are only assuming a 50% increase as opposed to 200% shown by Trackitt data. This assumption maybe classified from liberal to realistic.
Overall this brings the SOFAD down by 8K down to 22K from 30K.
The current consumption is quite easily 10K so if this trend were to hold there is another 12K to distribute. If we attribute another 2K to porting then there is only another 10k to distribute. For
Assuming 15th Jul 2007 as our baseline point. The OR of 1 means 2200 perms or 2200 485’s this will make us reach ~ 4.5 more months ahead which is 01-JAN-2008. If we assume an OR of 0.8 then its 1760 which makes it 5.5 months this makes is 01-FEB-2008. In this entire calculation the 2K PWMB folks to 15th Jul 2007 are excluded, this assumption can be classified and being liberal to offset some more demand destruction.
To conclude based on the Trackitt Trend the GC issuance line maybe somewhere between 01-JAN-2008 to 01-FEB-2008 by Sep 2012.