Applications for unemployment benefits rose slightly last week, though they remain at historically low levels.
Initial claims rose by 6,000 to 214,000 in the week ended April 18, the Labor Department data said Thursday. The mid-month report of claims is closely watched because it coincides with the survey period for the government’s monthly employment report.
Jobless claims, which are a proxy for layoffs, fell near the start of the U.S.-Israeli war with Iran and have remained extremely low throughout the conflict. The four-week moving average of claims now stands at 210,750, lower than it has been 94 percent of the time in records stretching…
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