US labor market holds steady; inflation firmer before Iran war
New U.S. unemployment claims rose to 219,000 in early April, a slight increase but still consistent with a strong labor market. Layoffs remain historically low, and continuing claims also fell, suggesting workers are finding new jobs quickly. Economists say the labor market shows no signs of weakening despite geopolitical tensions and rising energy prices. The data reinforces expectations that the Federal Reserve will keep interest rates steady until inflation cools further.
See "US labor market holds steady; inflation firmer before Iran war", Lucia Mutikani, Reuters, April 10, 2026