BUSINESSCOURTHOUSE NEWS
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
U.S. jobless aid filings increased to 229,000 in the week ending June 6, the highest since early February but still historically low. Despite concerns over the war in Iran and rising inflation, hiring has improved recently, with 172,000 jobs added in May and a 4.3% unemployment rate. Companies like Verizon, UPS, Amazon, Disney, Starbucks, and Walmart have cut jobs, while job openings rose to 7.6 million in April.
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Adjacent reporting
- US jobless aid filings, a proxy for layoffs, rise to 225,000 last week but remain historically low
- US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February
- US filings for jobless aid jump to 219,000 last week but remain within stable range
- US filings for jobless benefits hits 211,000 as the war in Iran drags on