US jobless aid filings rise to 229,000 last week, remain historically low despite war
Summary
U.S. applications for jobless aid increased slightly to 229,000 last week but remain low compared to historical levels. Despite economic challenges from the war in Iran and rising inflation, the U.S. job market has stayed relatively strong with steady hiring and low unemployment.Key Facts
- Jobless aid applications rose by 4,000 to 229,000 for the week ending June 6, 2026.
- This is the highest number since early February but still considered healthy.
- Weekly unemployment filings are used to estimate layoffs and gauge the job market’s health.
- U.S. employers added 172,000 new jobs in May, averaging 188,000 new jobs per month since late February.
- The national unemployment rate is low at 4.3%.
- Job openings increased to 7.6 million in April, the highest since May 2024.
- Higher gas prices, caused by the closure of the Strait of Hormuz near Iran, pushed consumer inflation to 4.2% in May.
- The Federal Reserve is expected to keep interest rates steady in its next meeting with new Chair Kevin Warsh.
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