USCIS just issued another H-1B cap update. As of May 25, 2012, they have accepted approximately 48,400 H-1B petitions subject to the regular H-1B visa cap plus an additional number of 17,500 of petitions of the U.S. advanced degree quota. The limit is being reached quickly, still at a pace of about 6,000 petitions per week but anticipated to increase as the visas are about to reach their limit. There are probably a couple of weeks left before the quota is reached and then no more visas until October 1, 2013.
Congress really needs to get its act together and increase the quota altogether.
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