The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024. Sluggish hiring,

Economists polled by Reuters had forecast 216,000 claims for the latest week. Claims have retreated from the near 1-1/2-year high seen in early October, which was the result of hurricanes and strikes at Boeing BA.N and another aerospace company.

Applications for US unemployment benefits rose to the highest in a month during a week that included the Thanksgiving holiday.