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Thursday, June 21, 2012

Employment

News                                                                                                                             
Market Watch | U.S. jobless claims barely changed in latest week
The number of Americans who filed requests for jobless benefits fell by 2,000 last week to 387,000, indicating little change in labor-market conditions.
Politico | Labor targets the Midwest
In the wake of the failed Wisconsin recall attempt, unions are forging ahead with their 2012 battle plan, pouring cash and resources into Michigan, Wisconsin, Iowa, Indiana, Minnesota and Ohio in an effort to recapture ground lost when Republicans made sweeping gains in the 2010 midterm elections.

Econ Comments & Analysis                                                                                            
WSJ | How Skilled Immigrants Create Jobs
President Obama thrust immigration back into the spotlight last week with his executive order halting deportations for certain young illegal immigrants. In the context of America's jobs crisis, however, this is the wrong immigration issue to focus on.
CATO | The Negative Effects of Minimum Wage Laws
These laws prevent employers from paying wages below a mandated level. While the aim is to help workers, decades of economic research show that minimum wages usually end up harming workers and the broader economy.