https://www.live-feeds.com/feed/us-labor-market-on-solid-footing-rising-mortgages-pressuring-housing-sectorContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-labor-market-on-solid-footing-rising-mortgages-pressuring-housing-sectorhttps://www.live-feeds.com/feed/us-labor-market-on-solid-footing-rising-mortgages-pressuring-housing-sector#u76155Sat, 19 Sep 2026 11:15:52 +0000Unemployment benefits claims dropped to 196,000 last week, marking the lowest level since mid-July. Continuing applications also declined, as layoffs remained low across the country. This data indicates the United States labor market stands on solid footing and demonstrates greater stability than it did a year ago. Meanwhile, rising mortgages continue to pressure the housing sector. Gold prices reacted to the economic data by trading at $4,370 per ounce.Why it mattersThe strength of the labor market remains a key indicator for the broader economy as financial conditions shift. While low layoff