US jobless claim filings rise modestly to 214,000 last week, remain at historically healthy levels

The number of Americans filing for unemployment benefits inched up last week but remains within the historically healthy range of recent years.

U.S. jobless aid applications for the week ending April 18 rose by 6,000 to 214,000, up from the previous week’s 208,000, the Labor Department reported Thursday. That’s slightly more than the 210,000 new applications analysts surveyed by the data firm FactSet were expecting.

Filings for unemployment benefits are considered a proxy for U.S. layoffs and are close to a real-time indicator of the health of the job market.

The Iran war, now in its eighth week, has injected a large degree of uncertainty about how it will affect the U.S. and global economies even as Iran and the U.S. remain under a ceasefire agreement.

U.S. financial markets have rebounded to record levels and prices for a barrel of U.S. crude oil have settled in around $94 per barrel. That’s better than the $112 earlier this month, but still 40% higher than before the war began. Gas prices also remain elevated, saddling businesses and consumers with higher costs.

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