USCIS just issued another H-1B cap update. As of October 21, 2011 the H-1B Master's degree quota has been used up. USCIS has receipted an additional 46,200 H-1B petitions subject to the regular cap of 65,000. This is an increase of approximately 3,000 H-1B filings in a one week period so the rate of receipts is increasing.
People who are thinking about applying should not wait because the quota will not stay for long at this rate, probably another 6 weeks, maybe a bit longer.
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