U.S. initial jobless claims fell last week, indicating continued resilience in the labor market

```htmlGolden Ten Data reported on June 18 that the number of initial jobless claims in the United States decreased last week, indicating the labor market remains in a "low layoff" state. Data released by the U.S. Department of Labor on Thursday showed that in the week ending June 13, initial jobless claims fell by 4,000 to 226,000, with market expectations at 225,000. However, continuing jobless claims rose to 1.81 million in the previous week. These figures suggest that despite the energy price shock caused by the Iran war, the U.S. labor market continues to show resilience. The stronger-than-expected jobs report in May further supports this view, showing that U.S. employers added 172,000 new jobs. The relevant data alleviated market concerns about a sharp slowdown in hiring and prompted investors to increase their bets on a Federal Reserve interest rate hike.```