Jobless claims edge up to 198,000, higher than expected

Initial filings for unemployment insurance ticked higher last week but remained generally low in a tight labor market. Jobless claims for the week ended March 25 totaled 198,000, up 7,000 from the previous period and a bit higher than the 195,000 estimate, the Labor Department reported Thursday. Though the number was slightly higher than expectations, […]

Minimum Wage Hurts Whom It Claims to Help

Not long ago, I flew into a small Ohio airport. Don’t ask why, sometimes Ohio just happens and you have to deal with it. Arriving late (having flown Delta: “Delayed Every Last Time Always”), I didn’t get in until after 11 pm. And I was worried about picking up my rental car, because all the […]