Applications for jobless aid rose to 229,000, the highest level since February, though still historically low. Analysts say the increase reflects economic pressure from the Iran conflict, which has pushed up gas prices and strained consumer budgets. Despite the uptick, hiring has strengthened in recent months, with employers adding 172,000 jobs in May. Economists expect the Federal Reserve to hold interest rates steady at its upcoming meeting.
See "US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds", Matt Ott, AP News, June 17, 2026