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BUSINESSJun 4 · 16:30 UTCWPLG LOCAL 10 MIAMIBy MATT OTT, Associated Press

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February

U.S. jobless aid filings reached their highest level in four months, with 225,000 applications in the week ending May 30, reflecting economic uncertainty from the Iran war. Despite historically low layoffs, inflation rose 3.8% in April 2025, and businesses remain cautious amid high energy costs and potential job displacement from AI advancements.

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