U.S. jobless claims fall unexpectedly, labor market remains steady - The Journal Record

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, September 3, 2021. (REUTERS/Andrew Kelly) U.S. jobless claims fall unexpectedly, labor market remains steady Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, September 3, 2021. (REUTERS/Andrew Kelly) – U.S. unemployment claims fell to 196,000 last week, though Labor Day affected the data. – The labor market remains relatively stable as the Fed focuses on inflation . – Higher mortgage rates are putting pressure on housing construction and demand. – The labor market remains relatively stable as the Fed focuses on inflation .