The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.

Jobless claims in the U.S. increased slightly last week, while the number of people receiving unemployment benefits reached a three-year high. Despite these figures, overall job growth remains robust,

Slightly more Americans apply for jobless benefits last week, but continuing claims rise to highest level since 2021.