The number of initial jobless claims in the United States rose slightly last week, but the employment market still shows resilience

According to data from the US Department of Labor, the number of initial jobless claims rose slightly to 225,000 in the week ending September 28, slightly higher than expected and the previous value. The number of continued jobless claims decreased to 1.826 million, lower than expected. Despite slowing hiring and rising unemployment rates, the number of initial jobless claims remains low as employers retain employees. It is expected that 140,000 non-farm jobs will be added in September, with the unemployment rate remaining at 4.2%. Strikes at ports along the East Coast and the Gulf of Mexico may affect employment numbers