Last week, the number of jobless claims in the U.S. labor market fell slightly, a further sign that the country's labor market remains strong and that most workers' job security is guaranteed by restructuring.。

The number of people filing for unemployment benefits fell by 2,000 to 210,000, according to a Labor Department report released Thursday (March 21).。The four-week average number of applicants, smoothing out weekly fluctuations, rose 2,500 to 211,250.。

Overall, 1.8 million Americans were receiving unemployment benefits in the week ending March 9, an increase of just 4,000 from the previous week.。

Applications for unemployment benefits are seen as a surrogate indicator of layoffs and a sign of where the job market is headed。Despite massive layoffs by some tech giants (such as Google parent Alphabet, eBay and Cisco Systems), the overall level of layoffs is still lower than before the epidemic.。

The unemployment rate was 3 in February..9%, which has been below 4% for 25 consecutive months, the longest duration since the 1960s.。

The economy and the job market are supported by consumer spending, even as the Fed raises interest rates a total of 11 times in 2022 and 2023 to deal with inflation that erupts in 2021.。Inflation rate from 9 in June 2022.A 40-year high of 1% fell to 3 in February..2%, but still above the central bank's 2% target。