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Jobless claims fall again as labor market remains hot

By Zach Halaschak
Published March 2, 2023 1:31pm ET
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Jobless claims fall again as labor market remains hot
Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022. Applications for jobless aid for the week ending July 9 rose by 9,000 to 244,000, up from the previous week's 235,000, the Labor Department reported Thursday, July 14, 2022. First-time applications generally reflect layoffs. Analysts had expected the number to remain flat from the previous week. | (Wayne Parry/AP)

Jobless claims have fallen for another week, once again defying expectations and showing that the labor market has remained insulated from rising interest rates.

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Federal Reserve Interest Rates Jobs Unemployment