As predicted by many in the profession, the H-1B filing cap was reached today. On one hand, this is good news because reaching the H-1B cap this early into the season is an indicator that the economy is rebounding. This has been the shortest application period to date in the past five years. However, this means that all applications filed through today will be subject to a lottery– a computer generated random selection process for all applications that were received through today, as in April 5, 2013.