USCIS just issued another H-1B cap update. As of May 18, 2012, they have accepted approximately 42,000 H-1B petitions subject to the regular H-1B visa cap plus an additional number of 16,000 of petitions of the U.S. advanced degree quota. The limit is being reached quickly, 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.
