Low layoffs anchoring US labor market; Iran war poses a threat to stability
New unemployment‑benefit claims in the U.S. edged slightly lower, signaling that layoffs remain limited even after February’s job losses. Economists say the data suggests the labor market is steady for now, though the ongoing U.S.–Israeli conflict with Iran is raising energy prices and economic uncertainty. Payroll declines last month were tied to winter weather, a healthcare strike, and cautious hiring. The Federal Reserve is expected to keep interest rates unchanged as it monitors the impact of rising oil prices on inflation.
See "Low layoffs anchoring US labor market; Iran war poses a threat to stability", Lucia Mutikani, Reuters, March 18, 2026