In the week ending March 30, the advance figure for seasonally adjusted initial claims was 385,000, an increase of 28,000 from the previous week’s unrevised figure of 357,000. The 4-week moving average was 354,250, an increase of 11,250 from the previous week’s unrevised average of 343,000.
The number of Americans filing new claims for unemployment benefits rose last week, but not enough to suggest the labor market recovery was taking a step back.
As I mentioned in an earlier blog post, we think that some of our answers to follow-up questions from Congressional hearings may be of general interest, so we’re posting them.
Leaders in both parties voiced confidence in an emerging House immigration agreement, giving momentum to an issue that has been a bright spot early in President Obama’s second term.
Writing for the Los Angeles Times, Brian Bennett reports that the bipartisan “gang of eight” Senators have come close to an agreement on how to offer legal status to the nation’s 11 million unauthorized immigrants. The plan isn’t straightforward, but it seems to satisfy the framework laid out by President Obama and supported by Marco Rubio, one of the leading Republicans (along with John McCain and Lindsey Graham) in the gang of eight.
As any of you who ever watched “The McLaughlin Group” or Fox News will understand, I’m not only glad to be here, but to be anywhere where I can finish a sentence without getting interrupted. Or shouted at, in the case of McLaughlin. Little did I know when I started on that show at its launch in 1982 that I was present at the beginning of the end of civil discourse in America … if not the beginning of the end of Western civilization.