KGOU

Adam Davidson

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This week, the Senate Judiciary Committee will consider a plan to overhaul the nation's immigration system. Much of the debate about immigration boils down to a simple economic question: Do immigrants hurt or help those of us who are already here?

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One jobs number gets all the attention: The number of jobs lost or gained in the previous month.

That number is important. But focusing too much on the net change in jobs can be misleading. It gives the impression that a job is like a widget — it's something that gets made in a factory somewhere, and that we hope exists forever.

That's not how it works. Even in good economic times ,new jobs are constantly being created and old jobs are constantly being destroyed. (Of course, you do want the number of jobs created to exceed the number of jobs destroyed.)

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This is ALL THINGS CONSIDERED from NPR News . I'm Melissa Block.

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And I'm Audie Cornish.

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From today's buying spree on Wall Street, we turn to another mainstay of the economy, a process that happens every week and gets much less attention. I'm talking about Treasury bond auctions.