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Zenger
Zenger
Business
Piero Cingari

Labor Market Shows Resilience As Unemployment Claims Align With Expectations

Unemployment Mario Tama United States the Federal Reserve Verizon California
A 'Now Hiring' sign is posted at a Verizon store on July 26, 2022 in Los Angeles, California. As the Federal Reserve continues to increase interest rates, the labor market is starting to show signs of slowing down. The number of Americans filing for unemployment benefits slightly increased last week, reaching 227,000, aligning with economist predictions and indicating the U.S. labor market’s continued resilience. PHOTO BY MARIO TAMA/GETTY IMAGES 

The number of Americans filing for unemployment benefits slightly increased last week, reaching 227,000, aligning with economist predictions and indicating the U.S. labor market’s continued resilience.

The Department of Labor’s latest report Thursday showed a marginal uptick of 6,000 claims from the previous week’s 221,000 filings, meeting expectations.

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