The signals from the U.S. job market are mixed, making the Federal Reserve's interest rate decision more complicated

ChainCatcher news, according to Jinshi reports, data from the U.S. Department of Labor shows that the number of initial jobless claims decreased last week, indicating that despite a cooling job market, the U.S. economy has avoided large-scale layoffs. The number of continuing unemployment claims reached its highest level in three years.

Since the beginning of this year, labor market data has shown mixed signals, complicating the Federal Reserve's interest rate decisions as it balances employment and inflation targets.