As at today the 20,000 extra cap for US Masters Degree holders has now been exhausted but the USCIS is still accepting applications for the 65,000 general H-1B visa quota.
Of course those with US Master Degrees who are applying now or previously and not approved under the extra quota will go into the general quota.
Things like the Premium processing cost for H-1B visas would have been less useful this year given the lack of filling of the annual quota at this stage.
As always we give foreigners our best recommendations for findings jobs in the current economic downturn.