On May 11, 2009, the USCIS reported the the annual cap for H1B visas for the current fiscal year still has not been reached. This is in stark contrast to previous years in which the cap was reached or exceeded on the first day. Although, this is good news for prospective H1B non-immigrants it is more strong evidence of the depth of our current recession.
Currently, the USCIS has received approximately 45,000 of the 60,000 available H1B cap-subject petitions and 20,000 of the cap-exempt advanced degree petitions.