US weekly jobless claims rise slightly as labor market stays on solid ground

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US weekly jobless claims rise slightly as labor market stays on solid ground
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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.

<p>WASHINGTON — 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&#

</p><p>&quot&#x3B;The labor market is historically tight but some sectors are slowing the pace of hirings,&quot&#x3B; said Jeffrey Roach, chief economist at LPL Financial.

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