Labor and business leaders on Thursday said they have made progress toward a pact over how to implement reforms of immigration laws in the workplace, but they stopped short of agreeing on a new guest worker program for foreigners.

In a joint statement, AFL-CIO President Richard Trumka and U.S. Chamber of Commerce President Thomas Donohue expressed optimism over their negotiations and emphasized they are committed to finding a solution that would allow companies to more quickly and easily hire foreigners when Americans are not available.