The number of jobless claims in the US fell at the beginning of last week, and layoffs also declined in September, indicating that although employers are still cautious about increasing recruitment, the stability of the labor market continues. The US Department of Labor said on Thursday that for the week ending September 26, the number of seasonally adjusted initial jobless claims fell by 1,000 to 197,000. Economists surveyed by Reuters had previously predicted 200,000 people. Despite the fact that the US-Iran war pushed up energy prices and brought increasing headwinds, the number of initial applicants is still close to a 57-year low. Diesel prices are currently at record highs. Economists say strong corporate profit growth and strong domestic demand have spared workers from being laid off.

The number of jobless claims in the US fell at the beginning of last week, and layoffs also declined in September, indicating that although employers are still cautious about increasing recruitment, the stability of the labor market continues. The US Department of Labor said on Thursday that for the week ending September 26, the number of seasonally adjusted initial jobless claims fell by 1,000 to 197,000. Economists surveyed by Reuters had previously predicted 200,000 people. Despite the fact that the US-Iran war pushed up energy prices and brought increasing headwinds, the number of initial applicants is still close to a 57-year low. Diesel prices are currently at record highs. Economists say strong corporate profit growth and strong domestic demand have spared workers from being laid off.