The unemployment rate in the United States recently increased slightly. However, the rise is not significant, and the employment situation is analyzed to be robust.
The U.S. Department of Labor reported on June 6 (local time) that new unemployment claims increased by 11,000 from the previous week, totaling 219,000 claims from April 26 to May 1.
The number of continuing unemployment claims also rose by 36,000 from the previous week, reaching 1,886,000 claims from May 19 to 25. Continuing unemployment claims refer to applications for unemployment benefits filed for two weeks or longer.
However, with new unemployment claims remaining in the low 200,000s, evaluations indicate that the U.S. labor market is not significantly shaken.
The number of U.S. unemployment claims is closely tied to the monetary policy of the Federal Reserve (Fed). The Fed has noted that it would not rush to cut interest rates due to strong growth and stagnant inflation. It is expected that as the U.S. employment market maintains stability, the Fed will adjust the pace of currency easing.